Patience

I don't have any. So anxious am I to have a trade, I will seek one out and find something that I am not too bonkers about, but is a reasonable wager. After losing several of these half-hearted trades I will alight upon something that really gets me grooving, but then look at the state of my account and see that I have wasted large portions on frivolous wagering-for-the-sake-of-it.



After cursing myself for being such a berk, I have to reduce the size of my investment because another loss would leave me in the soup. Even though I have located what I believe to be a good value trade, the volatility of this game dictates that one cannot go for broke just because one has found a bit of value. You can make some very sound trading decisions and still lose your money, but keep doing the right thing and you will emerge from the betting jungle with plenty of bananas.



Lord knows, I've said this every day for longer than I care to remember, and I wonder if this simple, irrefutable logic will ever trickle into my thick cranium. If not I am doomed to endlessly repeat the errors of the past. Depressing thought, but one I feel almost fatalistically resigned to. Strange. I think I might be barmy.