Amazon Shares Trading Regret

Kevin Van Trump shares a story about missing out on massive gains by selling Amazon stock too early in its history.

"We were early with Amazon. I was trading when Amazon first came out and we had 30,000 shares right out of the hole. I went negative on it - I'll never forget the story. My wife and I didn't have enough money to pay attention at the time.

We were sitting there and I had this position. It wouldn't get me, and I said 'Man, if this thing just gets back to even.' Amazon traded like 3 or 4 dollars a ton. It got back to even and I blew out. It would have been the craziest trade of all times if I had stuck with it, but I wouldn't have stuck with it probably because I'm a trader.

You can't beat yourself up saying 'Man if I would have just stayed in that.' It's a psychological game and you just try not to beat yourself up and not get down on yourself because then it gets hard to fail and recover."