I'm in this private chatroom sometimes. There are successful traders, not-so-successful traders, new traders and experienced traders. I see how some of these folks react to profits and losses and it's obvious that the mentality for trading is just not there with everyone.
Not to be a snob or anything (I don't know an eighth of what someone like Meredith Whitney or Bill Gross know,) but I do know that you have to have the correct mentality to trade.
So, if you think you could use some trading-attitude adjustment, check out this great essay (short pdf) by Bradley Gariess.
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