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On Being Wrong

Trading is a profession that is founded upon being wrong but still being profitable despite this.

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Comments

  1. loved it –

    ““Trusting too much in the feeling of being on the correct side of anything can be very dangerous. This internal sense of rightness that we all experience so often feel, is not a reliable guide as to what is actually going on in the external world.
    And when we act like it is, and we stop entertaining the possibility that we could be wrong, is when we wind up doing really dumb things.”

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