To: da_cheif™ who wrote (121976 ) 3/19/2019 7:52:45 AM From: GROUND ZERO™ 4 RecommendationsRecommended By GoodGord Mevis Qone0 toccodolce
Read Replies (1) | Respond to of 223279 Oh, LOL!!! Actually, only to a point... I think risk and fear go hand in hand and some fear is normal, I certainly don't cower and submit to fear, that would be self destructive and something many investors and traders do, unfortunately... they lack a plan and so they're overrun by sudden emotion and never follow through with their plan... you're great success is due to the very obvious that you have a clear plan and a clear path and that you follow it, and you're also unwavering in your action while following that plan... I think you set the tone for successful trading as well as investing, this is very clear... Over the years I was fortunate enough to develop a model for near term and long term positions as well as honing the skills necessary to read the markets well enough to trust what I see... sure, it's easy to get spooked, that's only natural, but I follow my plan regardless and for that I'm rewarded with great returns... Stress takes two forms: worry and the biological fight/flight response... if your mind is preoccupied with worry, then that worry takes up most of the decision space and you don’t have enough capacity left to perform effectively... a common decision that people make under stress is not to decide... instead, they tend to be crowd followers, crowd followers don’t have to make decisions, but crowd following is a sure way to lose money in these markets... Winners typically differ from losers in their attitude about losses, most people become anxious about losses, yet successful speculators and investors have learned that an essential ingredient to winning is to make it okay to lose, most investors must change their beliefs about losses to become successful. Top traders that I’ve worked with began their careers with an extensive study of the markets, they developed and refined models of how to trade, they mentally rehearsed what they wanted to do extensively until they had the belief that they would win... I think you display all those skills and talents very openly and this is why you were able to receive the national recognition so well deserved, you're very clearly a model for success in these markets... Excuse the rant, but being successful with these markets takes some work and a trustworthy model, and then just follow it... GZ