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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: The Ox who wrote (986)	6/12/2012 10:58:49 AM
From: Robert O	of 8283

that’s ok I think it plays into market decisions to try and understand people's mind sets. I think what you are describing about these people you know applies to certain types of (usually unsuccessful) traders. You know the types: it could have always been better, bigger, sweeter. if they get 90% of a move it outta have been 100%. I used to be that way as a part time trader. Now I am a 1/32nd trader lol. I had to learn a lot of lessons like that but if your job is not trading or investing (me) then the key is to understand that and 'trade/invest' accordingly. I used to be a little bit of what you describe until I got older and wiser and realized it is much more joyful to go through life appreciated what you have than comparing yourself to multi-millionaires who have the life of kings. Easy credit led to larger debt and folks assuming they had to own second homes and maybe 3 homes just to keep up. With the deleveraging of the world your pals will continue to bemoan their lot.

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