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T O P I C R E V I E W
Dave
Posted - 08/13/2013 : 10:00:31 This is an excerpt from an excellent book on trading stocks called Trading in the Zone by Mark Douglas.
I believe this statement applies very well to TMS. In fact, becoming a successful stock trader and recovering from TMS require a similar approach. They require us to un-learn certain thoughts and habits we have developed over the years that are cemented by our personality traits, and take an entirely new approach. "You may already have some awareness of much of what you need to know to be a consistently successful trader. But being aware of something doesn’t automatically make it a functional part of who you are. Awareness is not necessarily a belief. You can’t assume that learning about something new and agreeing with it is the same as believing it at a level where you can act on it."
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Peregrinus
Posted - 08/13/2013 : 17:07:13 Dave: Those are words of wisdom! I might add that being impulsive is not a positive for your investment returns or for your health.