Tuesday, October 30, 2007

Psychological Bias To Be Right vs. Making Money

There is a strong psychological bias to be right about we do with our investment. In most people, this bias greatly oversides the desire to make a profit overall in our approach, or it inhibits us from reaching our true profit potential. Most people have overwhelming needs to control the market. As a result, they end up with the market controlling them.

Van K. Tharp

Source: Options Trading Beginner

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