What Separates Winners From Losers Quotes

The act of taking the first step is what separates the winners from the losers.

What separates the winners from the losers is how a person reacts to each new twist of fate.

They're arguing for giving homework and tests to all young children, or separating them into winners and losers, because these tykes need to get used to such things -- as if exposure itself will inoculate them against the negative effects they would otherwise experience later. If we were interested in helping children to anticipate and deal with unpleasant experiences, it might make sense to discuss the details with them and perhaps guide them through role-playing exercises. But why would we subject kids to those experiences? After all, to teach children how to handle a fire emergency, we talk to them about the dangers of smoke inhalation and advise them where to go when the alarm sounds. We don't actually set them on fire. But the key point is this: From a developmental perspective, BGUTI [Better-Get-Used-To-It worldview] is flat-out wrong. People don't get better at coping with unhappiness because they were because they were deliberately made unhappy when they were young On the contrary, what best prepares children to deal with the challenges of the real world is to experience success and joy, to feel supported and respected, to receive loving guidance and unconditional care and the chance to have some say about what happens to them.

The temptation with condors is to wait that one extra day or week to squeeze out even more profit. Almost every trade you exit could possibly do better, perhaps even twice as well, sometimes for just an extra day or two. On the other hand, you might watch profits evaporate into losses and then find yourself scrambling to make defensive adjustments that add weeks to your trade. It is for those few trades that could have really been dangerous that you should be cautious with the rest. There is no point in making a return of 40% if you are going to lose 50% or 100% in a single trade. A good rule of thumb: Don’t try to stare down the market because the market never blinks. What separates the winners from the losers is the exit strategy. The exit strategy that works best is to give back almost all of the credit. If you take in an initial 16% credit and keep only 3%, 4%, or 5%, you’re giving back most of the potential profits. How many trades have you made that can consistently make profits of 3% in a few days regardless of the direction of the market?

Judgment matters: it is what separates winners from losers.

I have found that the one thing that seems to separate winners from losers more than anything else is that winners take action. They simply get up and do what has to be done.

What separates the winners from the losers is how a person reacts to each new twist of fate. Money

The act of taking the first step is what separates the winners from the losers.

In a nutshell, what separates the 10% of winners from the 90% of losers is which brain they are listening to.