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Honesty & Experience in Trading

  
  Education
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Honesty:

Trading introduces you to yourself and you can’t ignore it. The mentor was just being honest.  He saw the guys impatience.  The more emotionally the guy got about the reality of the situation the more angry the guy got.  Trading is difficult because money is an imperfect feedback mechanism.  The habits you create early on you may continue to pay for throughout your career even it if paid you in the beginning. The good habits you create may not pay you for awhile or you may not be able to see them paying off.  It take a strong person to keep going without rewards.

Experience:

If I have learned one thing it is never to discount others experience. If someone has something to say I am smart enough to learn something from it.  That does not mean that all experience are created equally efficiently.  But completely discounting it is dangerous.  About everything I have ever done I started off thinking I was smarter than everyone else.  It started with my parents and continued to football and trading.  Each step I got better.  However it is important to take the information and make it work for you.

The 3 Most Confusing Things Your Math Teacher Ever Told You

  
Analysis, Education, Life
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Now that the fall term of school is over, we can all relax for the holidays. Here’s a gift to everybody out there, students and teachers and especially parents, who might still be befuddled about some of the more puzzling things that came up in math class. This is why the teacher said what she said.

1) You can’t divide by 0.

Why not? Well, because if you try to, no matter what answer you write down, it won’t make sense. Take 6 divided by 0. What should that equal? A lot of people guess 0. But that doesn’t work. If 6 divided by 0 were equal to 0, that would mean that 0x0 would have to equal 6 (just as 6 divided by 2 equals 3 means that 2×3 equals 6). The trouble here is that 6 divided by 0 cannot equal any number, because any number times 0 always gives 0, not 6. This is why division by 0 is verboten.

2) 1 is not a prime number (more…)

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