New posts

Reply to thread

Message

An alternative view on being mediocre – not to be confused with Mediocrity and the views expressed by sptrawler

Mediocre to me means “average”

Mediocre when it comes to trading
Being mediocre sometimes has it place, even the best investor has plenty of lousy picks along the way, but it is the manner in which you handle those investments after their purchase that ultimately determines your level of success.

Brains
Brains (IMHO) are an overrated attribute when it comes to trading. Smart people tend to think logically and have a hard time dealing with a market that ignores what should be painfully obvious.

Arguing with a lunatic is useless
The market is very emotional and illogical at times, and if you are too analytical, you will be surprised often. Using logic to argue with a lunatic is useless, and using logic to figure what the market might do on any given day is equally useless.

Mediocre
Being mediocre as a trader is about being realistic and having an understanding that we are probably only an average trader at best but that’s OK.

Skate.

<blockquote data-quote="Skate" data-source="post: 1008859" data-attributes="member: 57364">An alternative view on being mediocre – not to be confused with Mediocrity and the views expressed by sptrawlerMediocre to me means “average”Mediocre when it comes to tradingBeing mediocre sometimes has it place, even the best investor has plenty of lousy picks along the way, but it is the manner in which you handle those investments after their purchase that ultimately determines your level of success. BrainsBrains (IMHO) are an overrated attribute when it comes to trading. Smart people tend to think logically and have a hard time dealing with a market that ignores what should be painfully obvious.Arguing with a lunatic is uselessThe market is very emotional and illogical at times, and if you are too analytical, you will be surprised often. Using logic to argue with a lunatic is useless, and using logic to figure what the market might do on any given day is equally useless.MediocreBeing mediocre as a trader is about being realistic and having an understanding that we are probably only an average trader at best but that’s OK.Skate.</blockquote>

[QUOTE="Skate, post: 1008859, member: 57364"] An alternative view on being mediocre – not to be confused with [B]Mediocrity[/B] and the views expressed by sptrawler Mediocre to me means “average” [B]Mediocre when it comes to trading[/B] Being mediocre sometimes has it place, even the best investor has plenty of lousy picks along the way, but it is the manner in which you handle those investments after their purchase that ultimately determines your level of success. [B]Brains[/B] Brains (IMHO) are an overrated attribute when it comes to trading. Smart people tend to think logically and have a hard time dealing with a market that ignores what should be painfully obvious. [B]Arguing with a lunatic is useless[/B] The market is very emotional and illogical at times, and if you are too analytical, you will be surprised often. Using logic to argue with a lunatic is useless, and using logic to figure what the market might do on any given day is equally useless. [B]Mediocre[/B] Being mediocre as a trader is about being realistic and having an understanding that we are probably only an average trader at best but that’s OK. Skate. [/QUOTE]

Verification