Some traders who have lost money fall into paralysis from
analysis.They develop a quaint notion that if they analyze more data,
they’ll stop losing and become winners. You can recognize them by their
beautiful charts and shelves crammed with stock reports. They
will show you indicator signals in the middle of any chart, but when you
ask them what they will do at the right edge, they only mumble because
they do not trade.Analysts are paid to be right; traders are paid to be
profitable. Those are two different goals, calling for different
temperaments.
A Trader can become an Analyst but an Analyst can never become a trader.
Wednesday, April 4
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