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Confessions of a Trader


Discussion in Psychology and Money Management

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redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
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- My mistakes are my best teachers, every day I learn something new
- I remember very well my big losses and forgot quite often my wins
- I am still convinced this is a winning game and will not give up easily
- I believe in hard work and nothing comes easy
- Luck is quite often part of my game
- I have destroyed fortunes and built them again
- I can be arrogant and fearless, afraid and frustrated
- When I enter a position knowing in advance it is a bad decision it is often a bad decision
- The need to learn, read and educate myself is a consequence of my losses
- The Holy Grail is a temporary illusion
- I put the blame on circumstances while the blame was strictly on me
- I felt pleasure loosing and was emotionless with some wins
- I lied to myself pretending not do the same mistake again
- Rationality is not a constant, can be boring and replaced with irrationality

feel free to add other confessions


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Last Updated on December 13, 2010


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