“I was absolutely unemotional about numbers. Losses did not have an effect on me because I viewed them as purely probability-driven, which meant sometimes you came up with a loss. Bad days, bad weeks, bad months never impacted the way I approached the markets the next day.”
Jim Leitner
“Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes.”
George Soros
It is not whether you can be a good trader, it is whether you can find the trading that is good for you.
When you have found your niche, you don’t need discipline to do the right things. You won’t want to do anything else.
Dr. Brett Steenbarger
Trying to figure out the “why” of amarket move can often cause great emotional strife. The simple fact is, the market always precedes economic news, it does not react to economic news. The market lives and operates in future time.