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BrainsBrains are overrated mainly because smart people tend to think logically & have a hard time dealing with a market that ignores what should be painfully obvious. The market is full of emotional participants making illogical decisions most of the time. Also, from personal experience, if you are too analytical, you will be surprised often. Using logic to figure out what the market might do on any given day is a waste of time.Irrational & moodyOne of the key advantages we have is knowing that the stock market is irrational, moody, & prone to doing unexpected things. We recognize that we can take steps to profit when the mood is unusually good or run and hide when things become dark and gloomy. As [USER=86195]@DaveTrade[/USER] alluded to, like most other worthwhile things in life, if it were extremely easy to learn & do well, it wouldn’t be so potentially lucrative.Skate.
Brains
Brains are overrated mainly because smart people tend to think logically & have a hard time dealing with a market that ignores what should be painfully obvious. The market is full of emotional participants making illogical decisions most of the time. Also, from personal experience, if you are too analytical, you will be surprised often. Using logic to figure out what the market might do on any given day is a waste of time.
Irrational & moody
One of the key advantages we have is knowing that the stock market is irrational, moody, & prone to doing unexpected things. We recognize that we can take steps to profit when the mood is unusually good or run and hide when things become dark and gloomy. As [USER=86195]@DaveTrade[/USER] alluded to, like most other worthwhile things in life, if it were extremely easy to learn & do well, it wouldn’t be so potentially lucrative.
Skate.
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