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A Dozen Reflections on Life and Markets PDF

274 Pages·2006·2.6154 MB·other
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Description:
I've never seen a trader succeed whose explicit or implicit goal was to not lose. The trader who
trades to not lose is like the person who lives to avoid death: both become spiritual
hypochondriacs.
No union was ever destroyed by a failure of romance. It is the loss of respect, not love, which
ends a relationship.
Love, once present, never dies. It must be killed.
Sometimes we select markets--and trading styles--much as we choose romantic partners: by their
ability to validate our deepest-held images of ourselves. Our choices generally succeed, for
better or for worse.
Many a trader fears boredom more than loss, thereby experiencing the two in sequence.
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Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.