Saturday, June 6, 2009

Trader Psychology

Attended a trader's psychology seminar organized by CMC markets this morning, with Henry Pek as the speaker.

The seminar is from 9am till 1pm, lasting for a full 4 hours, including half an hour tea break. This 4-hour long seminar, however, only touched superficially about trader's psychology, just the superficial part, although they are all very important and they are essence of trader's psychology. Then in such a short seminar, with a couple hundred people in an auditorium, the messages being sent to the audience, I am afraid, will not be strong enough, and will not get to the people who need it most.

Well, once someone told me that I should attend as many workshops, seminars, talks etc as possible. You won't learn a lot from any one workshop or seminar, but as long as you learn something, it is already good enough. So today, what I learnt is this:

THINK LIKE AN INVESTOR, ACT LIKE A TRADER.

And also some quotes from the famous Kungfu star, Bruce Lee:

Knowing is not enough, we must apply; willing is not enough, we must do!

Absorb what is useful, discard what is not, add what is uniquely your own.

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