Blog-Writing Saved Me Serious Money

I'm pretty sure that if I hadn't written down my rational/reasons for being stuck in the recent long EURUSD trade I would not have received the feedback that helped sway my decision to cut the loss.

If I hadn't, my loss would now be approx. 3 times what I realized and I'd probably be out of action.

So something very good can come of communicating to others the predicament one is in. Of course it's not good for the ego to write about a position eating away equity, but I now believe it's for the best. It helps to share. Like Christmas.