Here’s a quote from Donald Trump regarding leadership and personal ability I find very truthful. I was browsing some blogs and came across Donald Trump’s Blog.
If you’re in a leadership position now or have your sights set on one, it’s important for you to figure out what your strengths and weaknesses are, then assess where to go from there. Take some time to sit down and try to review your personal strengths and weaknesses. I think you’ll find it’s a very eye-opening exercise. – Donald Trump
Personally, I see Donald Trump as great businessman, evident by his success. When it comes to leadership and creating successful businesses, I hold Donald Trump’s thoughts and opinions in high regards.
Applying this quote to trading: As a trader, we are our own leaders. We do not command a team, but we make all the crucial decisions. These decisions, whether good or bad, affect our most valuable employee: ourselves. Just like Donald says, we need to review our strengths and weaknesses. Example: Do we get scared holding a stock we’re losing money on? If so, this is a weakness, and we need to re-think our trading strategy to minimize risk and minimize the effects of emotional trading.
I would not agree with Donald Trump – his words mean nothing besides blah-blah.
And I would’n call “successful” someone who could drive resort/casino to bankrupcy. Maybe we just mean different things under success. If you mean Trump’s success in destroing gambling, you are right! ;)))
Donald Trump was wealthy before he got into the casino buisness. If he were to divest himself of the casino buisness entirely, he would still be wealthy — and successful, despite his failure in Atlantic City.
i agree with mr. trump. because he is a successful person, even in his childhood, he had a plan to be successful, and better than his dat at it.
N’ Vious
Phoenix, Arizona