Winning the game by doing the wrong thing is not luck or blessing, it’s a curse for bigger failure in the future.
Market fluctuation and ocassional losses should not bother you. Pay attention to whether you are doing the right things.
Do you have so much confidence in your principles that no matter what happen, you will stick to it?
Thorough confidence/belief breeds consistency and discipline.
It’s just history. The failure or victory 3 seconds ago is just history. It should not bother you. Focus on what’s coming next.
“The second you think you are good, you are dead.” – PTJ
In a market-led rise in interest rate, expect yield curve to steepen, long bonds to plummet, while equity and commodity markets to rally.
In a central bank-led rise in interest rate, expect yield curve to flatten, short bonds to drop more drastically, and milder rise in equity and commodity markets.
