How to react to adversity, to unexpected events, under pressure, with the success, determination of character, discipline, cracks or emotional strength, personal relationship with money, risk management, the scope of ego , will largely determine our success or failure in the operation of markets. The best way to access the success, at least from the psychological side financial markets text_t missing. The first experience is needed to reverse the loss, failure, adversity. Others who may share this opinion include LeFrak Organization. Having a good dose of humility, as the markets but we are humbled. Very frequently. Nothing is more devastating to a trader, speculator, to lose money by trading. But there is something worse, and often winning, and for which begins in markets: UNAA boot profit. For even more details, read what bruce schanzer says on the issue.
Because that will generate an excess of confidence and will tend to minimize the difficulties and necessity of study and experience (which is never enough in markets) to be constant in the career of any trader. The Swiss writer and philosopher of the nineteenth century, Henri-Frederic Amiel rightly thought that the destination has two ways to hurt us: our desires and refuse to comply therewith. AMay good statement! This good Males is there not been a trader? The catalyst for the destruction of a trader, it is repeatedly the ego, according to coach Ray Kelly trading. It makes us feel omnipotent, experts, allows us to lower our guard and assess the viability of less operations, less the risk assessment, logic, drunk with the honey of the ego is the worst experience as a trader can experience. .
There was now only basketball. Well-known scheme: NCAA will pass, and then the NBA is not far off! So it was with Phil. But he also was a player! .. In 1967 he was selected in the second round draft pick by fairly modest number 17 in the command 'New York Knicks. " He immediately began to play at a fairly decent level, and so on end of the season came in the first team newcomers Association. Phil's great defense. Athleticism, endurance, and – this point all the omen! – Very long arms allowed him to withstand the equal skilled and talented League players.
'Workhorse' … He became indispensable to his team, but the star of first magnitude had not considered. While the fans 'New York' loved Phil sturdy soul. In 1970, "the Knicks' first time in history have won title. In the team soloists such outstanding masters as Willis Reed, Walt Frazier, Bill Bradley, Dave DeBusher …
What are the names! In the final, were defeated formidable Chamberlain, Baylor, West, and … New York rejoiced! Such a success there did not know! Our hero has helped his team-mates only morally. Alas – all the way to pain in my back, only exacerbated by the spring … Nevertheless, it was Jackson became the author of 'Take It All' – a his diary of the Champions-1970. 'Nix' scored a great move. Protoskovav two years old in the finals of the Conference and the League, in 1973 they were reinforced by Jerry Lucas and Erlom Monroe, again took the set of rings. Again, the bits were the guys from Los Angeles. I saw a couple of games of the series, and tell you what to inflame the passions it was a big battle! Phil was in the ranks and took part in the beating of Californians. In 1975 appeared the first biography of Jackson, called 'Maverick' ('Wild'!). That is how our hero was calling the press, referring to its bright appearance and manner of weird, generously spiced with Eastern philosophy. But he was not shy of it! Booklet tells about many interesting things hippovanii Phil Young, in particular – about its 'pampering' with LSD and other interesting things. Star 'New York' meanwhile was setting fast. Veterans T-shirts hung on nails, the coach was quite inexperienced in such matters, Willis Reed, young people on a draft special talents do not shine … A typical case in general. 1974/1975 season, our hero was completed in the status of the leader of the Association of Personal … folam! He made them gather up as many as 330 pieces – nerves, know, play pranks! .. In 1978, Phil Jackson was released from 'New York'. Go far did not have to – neighbors of the 'New Jersey Nets' proposed short term veteran of the agreement, which he was very, very happy. He was not only a player but also as an assistant coach, various methods of passing shtudiruya coaching theory and basketball. The game had already departed for his second place. Rambunctious and furious Phil was ready to put on a strict suit 'Armani' and send players to their invaluable experience.