The only way to combat the negative effects of losses, interference from others, and poor trading signals is by the maintenance of a positive attitude regardless of how bad things may seem.
– Jake Bernstein, The Investor’s Quotient
On November 8, 2009, In Thought of the Day, by ElfLord
On October 6, 2009, In Thought of the Day, by ElfLord
Many investors would be successful were it not for the forces of greed. Although many positions are correctly entered at the appropriate time, they are often kept too long once they show profits. Objectives are ignored, and the basics of rational trading fall by the wayside. There are many investors who would otherwise be successful. The problem here is one of poor discipline.
– Jake Bernstein, The Investor’s Quotient