Miscellaneous Thoughts on Success in Trading and Life.

Discussion in 'Journals' started by zdreg, Dec 30, 2024.

  1. zdreg

    zdreg

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    Are you in the arena?
     
  2. Businessman

    Businessman

    You quoted some image from a private gmail message by the looks of things.. not going to work for anyone else but you? broken image link for everyone else..
     
  3. zdreg

    zdreg

    MAN IN THE ARENA SPEECH

    Theodore Roosevelt

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    "It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat."
     
    Last edited: Dec 30, 2024
    birdman, Math_Wiz and Real Money like this.
  4. Coin Flip

    Coin Flip

    Quote sounds good, but it is dumb.

    Who is better, the critic would never managed a $1 billion hedge fund, or the man who blew up with a $1 billion hedge fund?

    The critic. Actions have consequences. The man just ruined the lives of his investors. The critic did not ruin anyone's life.

    Who is better, the critic who never got married, or the man who failed his marriage?

    The critic. Actions have consequences. The man just ruined the lives of his wife and kids. The critic never hurt a family.

    Doesn't matter if you try your best and you fail. Your failure ruined the lives of others.
     
  5. It's easy to sit in the bleachers, drink beer and yell at the players. It's very different if you're on the court busting your ass every day.

     
  6. newwurldmn

    newwurldmn

     
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  7. Sekiyo

    Sekiyo

    What does Success mean ?
     
    Last edited: Dec 31, 2024
  8. ironchef

    ironchef

    You define what success is, for you, not your critics.
     
    Sekiyo likes this.
  9. “To crush your enemies, see them driven before you, and to hear the lamentations of their women”
     
  10. Businessman

    Businessman

    As profitable traders, when we crush our enemies (the suckers taking the other side of our trades), we don't get to see that.

    Probably a good thing..
     
    #10     Dec 31, 2024