A diary of the thought process behind my investment decisions
Removing Emotion From Investing
I recently wrote a post for Amazon's Money & Markets blog about removing emotion from investing. Please visit Amazon to read.
2 comments:
dadzers
said...
dear tzachy, i enjoyed your article... robert prechter once wrote a long article about 20 years ago about what it takes to be a great trader and in it he made the observation that the best traders he knew were all ex-military who were trained to be unemotional in decision making
Thank you. I believe emotion is the reason many smart people don't do well in the market. They ignore the emotional aspect and try to rationalize everything
2 comments:
dear tzachy,
i enjoyed your article... robert prechter once wrote a long article about 20 years ago about what it takes to be a great trader and in it he made the observation that the best traders he knew were all ex-military who were trained to be unemotional in decision making
Thank you. I believe emotion is the reason many smart people don't do well in the market. They ignore the emotional aspect and try to rationalize everything
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