Re: When is Chasing justified
There's so many mistakes here, but had you not proclaimed yourself to be 'VERY good' I think you'd have received less scorn ;-)
Seriously though, let's start from the flop, what do you think your very small $40 bet into the incredible 5-way $100 pot is really going to achieve on a flush board? Next time try to decide on the flop if you really want to play this hand when you got a set, and there are 4 other players in the hand on a monotone flop. This is the exact sort of hand that you don't decide by calling bets to river.
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