I’m checking out some old material about stock investing and stock trading. I found a great quote from a old successful trader.
”I always say that you could publish my trading rules in the newspaper and nobody would follow them. The key is consistency and discipline. Almost anybody can make up a list of rules that are 80% as good as what we taught our people. What they couldn’t do is give them the confidence to stick to those rules when things are going bad.” – Richard Dennis (One of the original turtles.)
I don’t think its only applies to trading but to the rest of life as well.