An interview of Brendan Moynihan about the book: What I learned Losing A Million Dollars

What I liked about this book.

The author bares his soul to show you his flawed thinking. Also, there are many ways to make money but a few ways to lose it.  The single, best way to improve your investing/trading is having a WRITTEN PLAN that you update during and after the investment. The other trick is NOT to PERSONALIZE success or failure.  Now doing/knowing/living/practicing these precepts is a whole different realm than saying them.

Read the reviews:

http://www.amazon.com/Learned-Million-Columbia-Business-Publishing/product-reviews/0231164688/ref=dp_top_cm_cr_acr_txt?showViewpoints=1

I disagree with the negative reviews. In my experience, I know risks rises (for me) after a string of successes.  There is danger in quick, massive success as much as deep failure.

HAVE A GREAT WEEKEND!

 

By CSInvesting