Thanks for article.
Reading it prompted me to go back and look at the Dennis and Eckhardt’s Turtle experiment.
Some of their rules:
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.
- “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?”
Cheers
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Thanks for article. Reading it prompted me to go back and look...
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