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[RT] Re: Will Boomers Panic Out Of Equities..?



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Much better wording than mine!
:-))

Gwenn


Dennis Holverstott wrote:

> 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