Your Beliefs Are Your Reality, Choose Them Wisely

via SMB Capital – Day Trading Blog:

I was answering some questions at a trading seminar a while back and a trader stood up and said, “It’s impossible to average more than 12% per year on a portfolio”.

I said “OK” and went on to the next person. After all it wasn’t a question so what else was I to say.

Apparently, I missed something because he seemed to get a little upset and said in a louder voice “I said it’s impossible to average more than 12% per year on a portfolio”.

He was obviously looking for an attention, so I asked, “Is that what you truly believe?”

He said “Yup”.

I said, “In that case you are absolutely correct. Read more [...]

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SMB Capital – Day Trading Blog

Your Beliefs Are Your Reality, Choose Them Wisely

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