本帖最后由 xingjw 于 2015-7-27 07:43 编辑 |
When a trader makes a profit, he giveshimself credit and feels that his judgement is good and he didit all himself. When he makes losses, he takes a different attitude and seldemever balames himself or tries to find the cause with himself for his loses. Hefinds excuses;reasons with himself that the unexpected happened, and that if hehad not listened to someone else’s advice, he would have made a profit. Hefinds lots of ifs, ands, and buts, which he imagines were no fault of his. Thatis why he makes mistakes and losses the second time.
I can give the best rules in the world, andthe best methods for determining the position of the stock, and then you can lose money on account of the human elementwhich is your greatest weakness. You will fail to follow the rules. You willwork on the hope or fear instead of the facts.
You will delay. You will becomeimpatient. You will act too quickly or you will delay too long in acting, thus cheatingyourself on account of your human weakness and then blaming it on the market. Always remember that it is your mistake thatcauses losses and not the action of the market or the manipulators. Therefore, striveto fellow rules, or keep out of speculation for you are doomed to failure.