“In many ways, large profits are even more insidious than large losses in terms of emotional destabilization. I think it's important not to be emotionally attached to large profits. I've certainly made some of my worst trades after long periods of winning. When you're on a big winning streak, there's a temptation to think that you're doing something special, which will allow you to continue to propel yourself upward. You start to think that you can afford to make shoddy decisions. You can imagine what happens next. As a general rule, losses make you strong and profits make you weak.” ThinkingWayLongMadeImportantBigsHappensNextWinningStrongTermLossDecisionImagineWorstSpecialEmotionalPeriodsWeakTradeProfitTemptationSomething SpecialStreaksInsidious Author:William Eckhardt
“My work is very dear to me, and certainly I have had all the emotional highs and lows that go with trying to get it to an audience. But I do have some kind of detachment that seems somewhat unusual in my trade. I'm a writer who writes every day. I don't have a period of months where I can't get anything done and I wander around tearing my hair out. When I come back from a book tour, for instance, I might have one day where I sleep late and then check my e-mail, and then go for a walk, and then the next day I'm really itching to get back at writing a story.” WritingTryingKindI CanBookDoneStoriesSeemsMightNextSleepWalksAudienceEmotionalHairMonthsPeriodsOne DayLateLowsTradeDearChecksInstanceWanderGet BackUnusualMailNext DayDetachmentHighs And LowsItchingSleep Late Author:Daniel Handler
“The key to investment success is emotional discipline. Making money has nothing to do with intelligence. To be a successful investor, you have to be able to admit mistakes. I trained a guy to trade who had a 188 IQ. He was on "Jeopardy" once and answered every question correctly. That same person never made a dime in trading during 5 years!” YearsPersonsMadeAbleGuyMistakeSuccessfulEmotionalKeysDisciplineTradeInvestmentMaking MoneyInvestorsTradingDimesJeopardyInvestment Success Author:Victor Sperandeo
“I'm fearful and anxious for my family in ways that I've never been fearful or anxious for myself. I'm completely vulnerable to their pain, both physical and emotional. It's wild. And I wouldn't trade it for anything.” WayPainEmotionalMy FamilyTradeVulnerableAnxiousFearful Author:Mark Deklin
“The early 2000s for me were a very emotional time, politically. I'd been through Reagan and been through first Bush and Clinton, and it's not like I had an easy time through those years. But I just thought it was particularly rough. I have to say the World Trade Center attack was very weird for me. The events that followed were worse. It was a really long swath of time.” WorldYearsFirstsLongEasyEventsEmotionalTradeClintonRoughReally LongWorld TradeWorld Trade Center Author:Ted Leo
“Some words having to do with the death of the people in the World Trade Center attack had been added, and when I got to it, I had this overwhelmingly emotional experience. I struggled to get through the words; tears were streaming down my cheeks.” PeopleWorldInspirationTearsEmotionalTradeCheeksStreamingWorld TradeWorld Trade Center Author:Leonard Nimoy