Well said as usual Phil. This applies so much to the stock market and probably most areas of life. The stock market is my focus. I am a longtime defiant market participant, it is probably one of the main reasons I am still a trader after I started in 1991. I refuse to buy into the collective bullshit the media constantly feeds us about how and why we should approach the market. Flexibility of opinion, self reliance and willingness to NOT search for a reason for every move, along with risk management are some of the key ingredients for my success. The media tries to feed us chocolate covered pizza all the time, don't fall for it!
Yep. These days, especially, this concept can be applied across so many areas and your take on markets and media needs to be heard by younger participants.
I notice you promote self reliance on Twitter in response to questions from people looking for a fish and I love it.
Well said as usual Phil. This applies so much to the stock market and probably most areas of life. The stock market is my focus. I am a longtime defiant market participant, it is probably one of the main reasons I am still a trader after I started in 1991. I refuse to buy into the collective bullshit the media constantly feeds us about how and why we should approach the market. Flexibility of opinion, self reliance and willingness to NOT search for a reason for every move, along with risk management are some of the key ingredients for my success. The media tries to feed us chocolate covered pizza all the time, don't fall for it!
Yep. These days, especially, this concept can be applied across so many areas and your take on markets and media needs to be heard by younger participants.
I notice you promote self reliance on Twitter in response to questions from people looking for a fish and I love it.