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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Duke-N-Duke who wrote (19785)9/20/2000 7:55:37 AM
From: AllansAlias  Read Replies (2) of 436258
 
That clown post is a good lead-in to this...

This is from the public portion of Temple William's site:

>> I do not trade with the primary objective of
making a profit. I trade with the primary
objective of minimizing my losses.

It represents the basic difference between
greed and fear.

>> I have never met a fearless trader who
consistently beat the market. Not one. Ever.

>> I have never met a large, "know-it-all" ego
who consistently beat the market. Not one. Ever.

>> I have never met someone with the burning desire
to "be right" who consistently beat the market.
Not one. Ever.

>> I have met a few fearful, humble traders who were
willing to quickly admit they "blew it" ... who
have consistently taken money out of the market.
Day after day. Week after week. Year after year.
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