Summary of What I Learned Losing A Million Dollars: From Jim Paul and Brendan Moynihan

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When he in the beginning commenced trading, Jim Paul presumed he was some form of Superman. He presumed he was invincible - that whatever he touched would become platinum. When he lost a million us dollars, he recognized he was human like ordinary people, that he previously actually just acquired fortunate, and that continuously flexing the rules just gets you up to now. Any financier worthwhile his salt requires a lot more than luck and self-confidence: he has to learn how to lose. What I CAME ACROSS Losing a Mil Dollars does not focus on success through being successful. Part autobiography and part trading writing, it analyses failing and the best ways to manage losses. Jim Paul rose to real leadership, getting his zenith in his mid-thirties, prior to collapsing and slipping right down to the bottom. He discovered a lot about himself through his failures in the trading pit. He examined and checked out the psychology behind trading, and how it is our behavioral traits instead of a changing market that causes flawed trading. It is frequently who we could, and not just what we could doing, that results in slipping down. He advises us that people have to change our basic habits. This is a summary and research of the booklet and not the original book. This book contains:

  • Overview of the complete book
  • Chapter by chapter break down
  • Research
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Category: General

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Publisher

Better Business Summaries

Language

English

ISBN

DATE

2017-01

Author

Better Business Summaries

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