My own principled approach, based on my portfolio management career:
1. Accept reality
2. Don’t make an emotional decision - be objective
3. Make a right decision, rather than focusing on making a short-term profit / win
4. Play a game from a long-term perspective
5. Don’t have a big ego
6. Don’t stick to realized losses and/or profits
7. Analyze, improve, and then repeat this process over and over again
Hope you like this.
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