Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: steve h who wrote (61239)	10/24/2000 11:18:55 AM
From: CapitalLosses	Read Replies (1) \| Respond to of 122087

Hi Steve. As traders, regret is our fundamental enemy -- capacity for regret is the most important trait that separates good traders from bad traders. It lies at the heart of all obsessive compulsive disorders, especially gambling addiction, the disease of bad traders. Joey Anuff made this point in Dumb Money. His conclusion: Good traders don't need to win to be happy; they enjoy trading. But as a result, they are generally successful because they don't have the capacity to allow fear and greed to force them into bad trades, lack of asset diversification, etc. (BTW, I've been getting burned the past couple of weeks too because of simple mistakes and not working diligently enough during trading hours, so I'm definitely with you-- no stomach acid, though, except what's required for digestion.)