The Discipline and Rigorousness of the Stock Market

You have to instill in yourself a sense of rigor and discipline. 90% of the returns you'll make will come from that rigor and Discipline. Only ten % will come from your brilliance in discovering which new stock was fancy. If you get out of those stocks when they give you a one x or a two ex return, you're effectively losing the possibility that they can give you a hundred x or 200 exraturns. That behaviour is what made you lose this money. In poker, there's literally an upper limit to what you can win in a pot,. There isn't such an upper limit further for the stock market. Every one wants to get in on the pie