Mover Mike

I posted New Report About The Fear Of Losing Money, yesterday. My concluding remark was “Trading will play with your mind and bare your emotional weaknesses. Better find out how to handle those flaws now.”

The Trader’s Blog today, Traders Toolbox: Forward to Gann theory, takes it astep further by adding

In trading commodities,… By far, the weakest tool in a trader’s arsenal is the TRADER….It is critical to understand yourself and to bring your emotions under control.
[…]
Success does not come easily, nor should it. I CANNOT OVER EMPHASIZE the importance of mental preparation and self-examination. As an additional aid, I suggest Rudyard Kipling’ s poem If.

Here’s the second stanza of If:

If you can dream–and not make dreams your master,
If you can think–and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two impostors just the same;
If you can bear to hear the truth you’ve spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build ‘em up with worn-out tools:

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Tags: Investing, Poetry //
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