A Quote by Tom Basso
When your account has these massive swings up and down, there's a tendency to feel a rush when the market is going your way and devastation when it's going against you. These emotions do absolutely nothing to make you a good trader. It's far better to keep the equity swings manageable and strive for a sense of balance each day, no matter what happens.
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I don't hit it as far as a lot of guys do, so I have to be in the right spot in the fairway to score, and that means driving it well. The two biggest keys for me are to make a good transition and to keep my hands ahead of the clubhead through impact. I want to feel as if my swing is two swings: one going back and another coming down.
I feel every day that everything I create - everything I do - I want it to be a risk. I think when you take the big swings - and I've done plenty of big swings that I was told were never going to work - those are always the things that break through.
The Golf Hall of Fame is full of players with unusual looking swings. Some of the prettiest swings you've ever seen in your life are made on the far end of the public driving range by guys who couldn't break an egg with a baseball bat.
Successful investors like stocks better when they’re going down. When you go to a department store or a supermarket, you like to buy merchandise on sale, but it doesn’t work that way in the stock market. In the stock market, people panic when stocks are going down, so they like them less when they should like them more. When prices go down, you shouldn’t panic, but it’s hard to control your emotions when you’re overextended, when you see your net worth drop in half and you worry that you won’t have enough money to pay for your kids’ college.
No. You can't. And I can't do anything either, about my life, to change it, make it better, make me feel better about it. Like it better, make it work. But I can stop it. Shut it down, turn it off like the radio when there's nothing on I want to listen to. It's all I really have that belongs to me and I'm going to say what happens to it. And it's going to stop. And I'm going to stop it. So. Let's just have a good time.
I think when you take the big swings - and I've done plenty of big swings that I was told were never going to work - those are always the things that break through.
I've never forgotten a word of advice my father gave to me. 'Never lose sight of your dream,' he said 'Of that person you want to be. You can make it come true, No matter how high or how far, If all down the way In your living each day, You never forget who you are.' 'For the you-that-you-are this minute, this day; Is molding the you-that-will-be, And every action and thought and word is shaping its entity.' 'It's a good thing,' he said 'To look on ahead and fix your gaze on a star, if along the way in your living each day you never forget who you are.
I have a type of bipolar that swings up and down all day long. There are significant mood swings within a day, within a week, within a month. I go through at least four major episodes a year. That's really the definition of bipolar rapid cycle. But I have ultra-rapid, so I have tiny little episodes all day long.
When I get hurt in the market, I get the hell out. It doesn't matter at all where the market is trading. I just get out, because I believe that once you're hurt in the market, your decisions are going to be far less objective than they are when you're doing well If you stick around when the market is severely against you, sooner or later they are going to carry you out.
I know I can't plan in this business, but I'm going to keep going as long as I keep getting close... So far, I feel lucky and infinitely grateful for the successes that I've had. I'm just going to keep working hard, and whatever happens, happens.
Life is in balance. The swings in the mind are there to give you the experience, and to let you discover the you within you...That balance and swing lets your standard be tested. You cannot hold to something external. You must find your own depth and test it, confirm it.
We are walking down the street holding hands. There is a playground at the end of the block, and I run to the swings and I climb on and Henry takes the one next to me facing the opposite direction. And we swing higher and higher passing each other, sometimes in synch and sometimes streaming past each other so fast that it seems we are going to collide. And we laugh and laugh, and nothing can ever be sad, no one can be lost or dead or far away. Right now we are here and nothing can mar our perfection or steal the joy of this perfect moment.
Your luck goes up and down like swings and roundabouts
To spend each day with some laughter and some thought, to get your emotions going. To be enthusiastic every day and as Ralph Waldo Emerson said, 'Nothing great could be accomplished without enthusiasm,' to keep your dreams alive in spite of problems whatever you have. The ability to be able to work hard for your dreams to come true, to become a reality.
You should do it against the clock. Say you are going to do 30 laps in 15 minutes. Then you try to do it each day a little faster. That is putting demands on the body, and that is how you build up. You keep up your energy instead of going downhill.
If you are going to splurge out and have a month of bad eating and drinking, that's absolutely fine as far as I'm concerned but what you need to do is get some balance to make sure that you are looking after yourself and you are getting your five-a-day, making sure you're getting your minerals, protein.
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