Margaret Heffernan: Dare To Disagree

TedTalk by Ms. Heffernan. It is not a talk on trading at all. It is a talk focus around people who have been labelled as whistleblowers and the conflict they face.

The message from the video is equally applicable to traders.

You have to find holes in your own analysis. You have to know when is the time to fold. You have to be able to that if you want to stay consistently profitable.

Unlike the people in the video who often focus on a single issue over many years, being a trader have the extra difficulty of resetting your mind the moment a trade is completed. The lookout for signs to support the closed position is no longer necessary. Your job is to seek for the next trade and conduct your analysis from a clean slate all over again.

It is hard. But that is the way trading is.


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