
What happens when you try to intellectualize your feelings
Trader Mindset
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Using Market Timing to Build Wealth
Some people find it painful to make money because they're rejecting their upbringing, which wold say, strong middle class. So you can actually build rules around that to make sure that you don't grow out of those feelings. You put in your protective stop and if the market moves sharply, or if it's leaking either way, you don't re negotiate with your stop. And you transfer the risk to somebody else who's willing to take it on at that point in time,. It's the old misnomer of market timing. It has nothing to do with time. It has to do with price. The feelings that you want to feel about being profitable and having more abundance are on the
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