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Don't trade on emotion
Be greedy when others are fearful
Look for exits when everyone else is greedy
Exit losing positions early
Let your winners run, add to your winning positions
90% lose because they have not learned to mute their human nature when in a trade. If you trade like the 90% you will get the same results they do.
Accept you will experience pain, whether that is from holding and letting your winners run when you want to take profits or accepting the market is telling you that you bet wrong and closing a losing bet. Do not avoid pain. Trading is pain whether you do it right or do it wrong.
Do not try to avoid pain.
#trading
Be greedy when others are fearful
Look for exits when everyone else is greedy
Exit losing positions early
Let your winners run, add to your winning positions
90% lose because they have not learned to mute their human nature when in a trade. If you trade like the 90% you will get the same results they do.
Accept you will experience pain, whether that is from holding and letting your winners run when you want to take profits or accepting the market is telling you that you bet wrong and closing a losing bet. Do not avoid pain. Trading is pain whether you do it right or do it wrong.
Do not try to avoid pain.
#trading
The Trader's Path: Why Persistence Pays Off
In the dynamic world of trading, success isn't just about having the right strategy—it's about having the right mindset. The path to profitability is paved with challenges, but those who persevere, stay disciplined, and stick to their plan are the ones who ultimately succeed. Let's explore why never giving up, maintaining consistency, and adhering to your strategy are crucial elements in your trading journey, drawing wisdom from the renowned trading psychologist Mark Douglas.
The Power of Persis
The Power of Persis
OpenAI unveiled more details about Sora in an interview:
- Sora will be released within 2024
- Instead of hours, Mira mentioned it takes a few mins to generate a 20 sec 720p video
- The biggest challenge of AI generated video is consistency between frames, and that's what Sora is particularly good at
- Similar content filtering policy Dall-E has will be applied to Sora to prevent mis-information, like limitation to prevent Sora from generating public figure.
#OpenAI #Sora #WLD $WLD
- Sora will be released within 2024
- Instead of hours, Mira mentioned it takes a few mins to generate a 20 sec 720p video
- The biggest challenge of AI generated video is consistency between frames, and that's what Sora is particularly good at
- Similar content filtering policy Dall-E has will be applied to Sora to prevent mis-information, like limitation to prevent Sora from generating public figure.
#OpenAI #Sora #WLD $WLD
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