Good to Great

• Posted by Ivanhoff
• on March 13th, 2010

“I’ve found over the years that much of what separates  the excellent traders form the average ones is not so much their ideas ,but what they do with those ideas. Two traders will have positions go their way and then pull back a bit. The first trader, anticipating punishment, fears losing his gain and takes a quick small profit. The second trader, anticipating reward, adds to the position on the pull back and reaps large gains. Same idea, different outcomes, all as result of conditioned patterns of thinking.”

Dr. Brett Steenbarger

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