โThroughout my financial career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you donโt take a hard look at risk, it will take you.โ
You have to identify your weaknesses and work to change. Keep a trading diary โ write down your reasons for entering and exiting every trade. Look for repetitive patterns of success and failure.โ
โI donโt think you can get to be a really good investor over a broad range without doing a massive amount of reading. I donโt think any one book will do it for you.โ