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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who started this subject	3/26/2002 9:41:31 AM
From: Joe Copia	Read Replies (1) of 25711

Confidence Insight "... You have to find individuals who have a curious blend of ego. You clearly need to have people who have a very strong self-confidence, who have a very strong ego. In some cases, you'll find individuals who manifest that as a kind of arrogance which can rub people the wrong way at times. Sometimes that arrogance can be very important because, after all, you are going to be a loser more often than you're right.... And if you have to have that arrogance or courage, then that's alright. "However, it is not courageous to say, 'I am going to make this one big bet even though everyone else says I am wrong.' That is the home-run scenario and that is not what we are talking about. We are talking about the courage and self-confidence and ego not just to go against the crowd but to be wrong, a lot." - Alpesh B. Patel, financial columnist and author: The Mind of a Trader

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