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Avoiding Secondhand Trading Psychology


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Anagami's Avatar
 Anagami 
Bangkok, Thailand
 
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See the attachment.

Just too good not to post, especially considering that the author is not a trader and the passage is not explicitly referring to trading (it is meant universally). Yet, it is spot on, IMHO. Can't trade what suppresses what you are. The psychology of a second hander (trading something second-hand simply because one believes it has an edge) does not typically work. Must make it one's own. Anyway, the passage says it much better than anything I could say about it. From Freedom from the Known.


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futuresinvestor8
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So applicable to so many things, thanks for sharing.


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Anagami's Avatar
 Anagami 
Bangkok, Thailand
 
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futuresinvestor8 View Post
So applicable to so many things, thanks for sharing.

If you find the quote useful, you'd probably get lot of mileage out of the book too.


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Last Updated on March 28, 2011


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