“Good trading is a peculiar balance between the conviction to follow your ideas and the flexibility to
recognize when you have made a mistake. You need to believe in something, but at the same time,
you are going to be wrong a considerable number of times. The balance between confidence and
humility is best learned through extensive experience and mistakes. There should be a respect for
the person on the other side of the trade. Always ask yourself: Why does he want to sell? What
does he know that I don’t? Finally, you have to be intellectually honest with yourself and others. In
my judgment, all great traders are seekers of truth.”
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Very good motivational qoute for all time being, I do hope you also have something other for that matter anyway for whatever reasons out there. Where else it’s possible for many many things out there. I do not really want to make it possible anyway.
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