Quote of the Day

While it’s my practice herein to constantly distinguish for you the investor from the trader, I find the core characteristics that distinguish the successful from the unsuccessful in each endeavor to be virtually the same. From Kennedy and Gorman’s insightful Visual Guide to Elliott Wave Trading:

……psychological factors that prevent traders from becoming consistently successful: lack of methodology, lack of discipline, unrealistic expectations, and lack of patience.

I suspect the above applies to more in life than just investing and trading…

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