In investing, what is comfortable is rarely profitable. — Robert Arnott Always force yourself to move towards discomfort! Investment trading success cannot come from actions that make you comfortable. Buying or holding when stocks are high (following the crowd because you cannot abide "missing the action") is a comfort-seeking decision. Likewise, fearful selling in a collapsing and low market is moving towards the comfort of cash — again at just the wrong time. The crowd, doing the same thing collectively, is creating temporary maximum pressure and so a predictable price reversal point. Hold and/or buy when it is scariest and sell when the majority celebrate their brilliant conquests. Right, contrarian actions are always lonely and very uncomfortable. — Donald Cassidy Once you accept that playing the game will be uncomfortable, and you do it for a while, it will become much easier. When you think that it’s too hard, remember that in the long run, doing the things that will make you ...
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