Memorable lines from Reminiscences of a stock operator :
A trader should have hope and fear.
He should fear that the loss will become bigger and hope that the profit will increase.
Derive conclusion from facts.
Do not try to fit facts into your hopes.
When I lost money it never bothered me because I always thought that I learned something.
Knowing something is one thing and acting on it is another.
By Jay Deb
2007-10-25
How To Trade Stocks Without Emotions(23)
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