When in doubt, get the F*ck out !

posted Apr 29, 2011, 2:19 PM by Abhishek Ojha   [ updated Nov 10, 2011, 8:22 PM ]

I got this while discussing about markets... and it definitely works for markets.  The idea is to always know and look for 'how you can get out quickly from a position', If you have doubt that you may get struck ! Just get out immediately. Never sit on a pile of explosives.
and Don't get yourself in a position where best you can do is do nothing. If you become a guy with a bomb locked around your neck best you can be is 'The guy with a bomb still locked around his neck' and I don't need to tell you the worst.  :)