1. Share Talk

COGNITIVE DISSONANCE

15May 2017

Enjoy the Silence – Cut out the Noise – Part 2 of 3


Looking for ‘Excuses’ to Sell
This is very much a danger that is linked to what I have been talking about in Part 1 with regard to being unfocused in the Information Sources you use, and it is also a key Psychological failing that I know I suffer from although I hope I am slowly healing from this terrible and expensive disease. We all know the infamous and sadly banal Market adage “Run your Winners and cut your Losers” and I wouldn’t be surprised if the latter bit about “cutting Losers” gets 98% of attention from Market Players where as the bit about “Running Winners” barely gets a look in.
I am always reading/hearing about how we must “Cut our Losers” but very rarely hear anything about how to practically “Run your Winners”.
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