DRC Election, page-49

It’s about being positive without letting it get the best of you I guess - not being ‘blinded’. In a game so emotionally driven as trading, it’s really a lot more complicated than a pros cons list lol (not telling you anything you don’t already know lol).

but on your comment, if you start negative (or positive) and try to work your way to the other end and let the journey of research lead to your decision you are intentionally putting yourself as significant risk of the ‘anchoring effect’. I firmly belive being ‘negative’ or ‘cynical’ makes us feel smart and wise, but ultimately can be just as harmful starting overly positive. Not saying that to have a go at you, I used to be exactly the same (and still am when it comes to my non-trading career) but when you delve into some deep critical thinking on the topic you can’t help but challenge it.

I do however also strongly believe an opportunity loss on 

don’t buy’ something that runs is just as bad as a ‘buy’ on something that falls - in one scenario you lose money, but in BOTH scenarios you were wrong - so from a pure unemotive and statistical perspective, not losing money is not the same as winning or ‘being right’, but we are hard wired to avoid losses more than we are wired to seek gains - again from a numbers perspective this works against us!

Anyway - a fascinating subject to me and more important than any FA or TA to be successful in the markets IMO. I stongly believe it has what has lead to my succes and development over the last two years, because god knows my TA is hopeless