Thought of the Day…

One of the hardest things for traders to learn:

  • I used to try to will things to happen. My attitude was that I figured it out, therefore it can’t be wrong. What is the ultimate rationalization of an investor in a losing position? “I’ll get out when I’m even.” I became a winner when I was able to say, “To hell with my ego, making money is more important.”

– Marty Schwartz

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