What can this tell me?

Discussion in 'Trading' started by brucerappaport, Jun 11, 2008.

  1. piezoe

    piezoe

    c.chugani in responding to a thread asking the question "why is trading so difficult?" wrote:

    "I guess its something related to how the human mind prefers a stream of tiny winners and just a few big losers. The more times you are right (however tiny your profit may be) you will feel better with yourself than if you had a string of tiny losses (and one really big winner).

    Thus, most are doomed for failure as their brain is predisposed to go for a system which intrinsically, has a negative expectancy.
    "

    In my opinion this is one of the most profound posts that i have seen on ET. My suggestion would be to think about c.chugani's post in relation to your own trading.

    Cheers,
    Piezoe


     
    #21     Jun 11, 2008