Tom Basso Quotes
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When your account has these massive swings up and down, there's a tendency to feel a rush when the market is going your way and devastation when it's going against you. These emotions do absolutely nothing to make you a good trader. It's far better to keep the equity swings manageable and strive for a sense of balance each day, no matter what happens.
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I think investment psychology is by far the more important element, followed by risk control, with the least important consideration being the question of where you buy and sell.
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As soon as you take responsibility for your life, you can change the world.
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As long as you learn something from a loss, it's not really a loss.
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