Saturday, December 05, 2009

Reflections on Winning and Losing

* Overcoming failure;

* Excellent trades come from reverse engineering failure;

* The psychology of taking losses;

* Emotionally intelligent ways of losing;

* I generated a couple of good trade ideas on Friday simply by following the Stock Twits stream, tracking the themes of the most emotional posts, and fading those writers;

* Why traders and investors lose money;

* Research tells us how common elite trading talent really is.