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 Dollar V3 Icon |
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The worst times ? It I not cannot pass on a life safe, and an exception. On my share have dropped out both obstacles, and traumas, and losses: death of parents, divorce, disbelief in itself who have almost paralysed me. When I was in deep crisis, unique sincere desire was to get out of it. Be It in my forces, I would make everything to erase these events from my life. But I could not make it, therefore I still had one choice: to try to take from own sufferings any understanding of these events. For me as for the trader and as for the person It is invaluable lessons: losses happen; happens, they are inevitable. A secret in to allowing to them to destroy you.Traders do not like to think of losses. Nobody happens the rights always. Nobody gets profit on each separate transaction or in each separate day. All from time to time have bad days, the strip of bad days is possible even. When it occurs, it is impossible to allow for failures to enter you into a state of shock. Give in to fear, and it can seize you completely. Certainly, it is impossible to run and into other extreme measure and to believe that you are impregnable. I saw many traders who were ruined and burning down because they thought that the market should go their way.
To survive during the worst times, both in a life, and in business, you should return to bases of the one who you, whence have come and where go. You should rely on own force. If you are successful, you can get also support from outside of some people round you. However unlike the best times,
83
84 it: BLOOD, it AND SUCCESS TEARS When you have a set so-called "friends of good weather", the worst times should be met to one.
In the best times of 1987 I have made $4,5 million only at the expense of trade in own money. I did not earn investment compensations or commission fee. Each dollar earned by me is a profit on trade in own money. I have appeared among those to whom has carried in 1987 to make the big money. Others were ruined and never any more have not received the slightest chance something to change. Despite the profit got in that year, I considered that that crash the worst that could happen with the market. Clearly that chaotic free falling has allowed me to earn more than one million dollar less than for a minute. But I was frightened that crash of 1987, being expressed allegorically, will simply kill "a goose laying gold eggs".
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