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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Alex MG who wrote (10980)12/5/2001 11:14:07 PM
From: t2  Read Replies (1) of 99280
 
Alex, I have seen lots of people make good calls on the market and then mess up.

It has happened to me. The ego thing is very normal, you have to expect it; it makes a person feel good and important. One naturally can't help feeling that he/she is the market expert after being right for a while. Larry is not alone.

Heck, I have felt that way after riding calls and stock on the semis for a couple of months and not selling.
Of course, I catch myself and realize that it is a matter of time before I mess up. Just waiting to screw up with my trades..just a matter of time.<g>

Another words, stay humble. I like that mutual fund disclaimer..ie. past performance is not a .......

Obviously, you are feeling bad that your trades have not been going as well and it appears to you that Larry is gloating. I have seen lots of people feel good about their strategies after it works....normal human emotion...that is all. Market "gurus" come and go; that shows no one has any godly powers to predict the market accurately---that is why I don't believe one can be a market "guru". They can only fool themselves into thinking they are (generally speaking). Certainly people can get on very good streaks.

Just relax! Don't take it so seriously.
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