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Chapter 6. Human Behavior > Commitment to Habitual Success

Commitment to Habitual Success

Simply reading trading philosophies and rules alone is not going to make a person hungry. It’s not going to make them want to succeed at trading. They must be committed to winning. But if they don’t want to win; if they don’t have it in their gut, there’s a good chance that they won’t win.

A top CEO recently spoke before a Harvard MBA class. After his presentation the students asked questions. One of the questions was, “What should we do?” The CEO replied, “Take the rest of the money you have not spent on tuition and do something else.” This isn’t to say that people with advanced degrees cannot be successful trend followers, but it does say that relying solely on your degree for success in the markets, or in life, for that matter, is not a wise strategy.


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