Before you read on, take a minute and think about this question for a while.
Look back at your recent transactions.
How did you arrive at those decisions?
Are you happy with your past decisions?
Any regrets?
C’mon. If you’ve never yelled “How could I have been such an idiot?” at yourself in a fury, you are not an investor and certainly not a trader.
Now back to my headline question:
My take is, you would like to belief that you invest like a scientist.
Purely interested in objective facts drawing logical conclusions from them. You might even have an engineering background which has helped you to design the perfect trading system. You think that the more rules your system has, the more intricate the analysis, the better the decision-making process — the more likely it is that you’ll crack the code of the market. Obviously profitable ......