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Gwenn offered some good insights into trader and market psychology. It
reminded me of a post from a friend on another list. Seems appropriate
somehow.
<<<<<<<<<<<
I knew two brothers, smart, nice, honest guys, childhood friends of mine.
This is a real story. The older was serious and ready to meet life's
problems head on. He knew there were a lot of people out there who were
prepared to fight him every step of the way and be downright mean to him
and he was ready for them. He just knew that if he hunkered down and
sweated and fought and worked, he could carve out of this cruel world a
fairly tolerable life. The younger brother was happy-go-lucky. He just
knew that everyone liked him and were gonna go out of their way to smooth
the path. He just knew that the world was his oyster. Both were right.
Both lived the lives that they expected.
>>>>>>>>>>>
To put it in a trading context, the most successful traders seem to have
the ability to go with the flow and enjoy the ride and not get worked up
over the what-ifs.
--
Dennis
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