Element 11 - Handling Mistakes?

Handling Mistakes?


(1) To sell off all the wrong company/counter immediately including taking loss.
(2) To take mistake as my learning part, be glad of the mistake but promise to myself that i will never repeat the same mistake again in future.
(3) To think thoroughly about the mistake: why the mistake happens, how it happens, what is the cause of the mistake to happen or happen again in future, the consequences of the mistake to me now and in future, the learning point from the mistake, and the interrelation between the mistake to my investment system/strategy.