Thanks for article. Reading it prompted me to go back and look...

Thanks for article.


Reading it prompted me to go back and look at the Dennis and Eckhardt’s Turtle experiment.
Some of their rules:

• “Do not let emotions fluctuate with the up and down of your capital.”
• “Be consistent and even-tempered.”
• “Judge yourself not by the outcome, but by your process.”
• “Know what you are going to do when the market does what it is going to do.”
• “Every now and then the impossible can and will happen.”
• “Know each day what your plan and your contingencies are for the next day.”
• “What can I win and what can I lose? What are probabilities of either happening?”

It all sounds obvious and easy on paper. But suppressing emotional responses and ego day in day out is exhausting. Most people can't do.

Cheers