I came across the following quote a few days ago from Trader Monthly Hall of Famer, Tom Baldwin. This one is worth repeating...
"I turned from a loser to a winner when I was able to separate my ego needs
from making money. When I was able to accept being wrong. Before that,
admitting I was wrong was more upsetting than losing the money."
- Tom Baldwin
Words to live by.
Trade Smart.....
~Duane Gott
Thanks Duane for sharing this - its a truth in onself that you cannot avoid facing in trading. In trading you are directly accountable for your results. In other endeavors its easier to find other things to blame so we tend to do so.
Best
Ken
Posted by: Ken McCue | February 27, 2010 at 07:55 AM