• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Chapter 1. Trend Following > Winning and Losing

Winning and Losing

Between the corporate and market scandals of the past few years, it is understandable that the general public equates winning with abusing the market system. However, there are disciplined men and women trading in the markets with the utmost integrity who achieve spectacular returns year after year. We urge you to examine their market philosophies and strategies so that you will understand what makes them successful. We ask you to examine their beliefs and self-perceptions so you understand what keeps them honest. However, before we examine other’s perspectives, we want you to take a moment to consider your own. How do you approach investing?

The joy of winning and the pain of losing are right up there with the pain of winning and the joy of losing. Also to consider are the joy and pain of not participating. The relative strengths of these feelings tend to increase with the distance of the trader from his commitment to being a trader.

Ed Seykota[4]


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint