[Patuca]

Originally Posted by Tams »

you don't have to worry about becoming overconfident
you never have to worry about becoming overconfident
the market has a way to humble overconfident traders

Hogwash. The market doesn't know nor care if you are rich or poor, humble or overconfident, arrogant or just plain stupid. The market is the market and the market is simply going to do whatever the market does. That said, overconfidence is an attitude that will open the door for you to shoot yourself in the foot. You will be prone to mistakes that you otherwise wouldn't make. You better worry about being overconfident. You better worry about being poor. You better worry about being arrogant. You better worry about being stupid. You better become a worry wart. Bigtime.

Remember the case of the man who said.."I wrote a book called..Humility and how I obtained it"......

When I say "you" I am talking about any of us and not anyone in particular.