Posted by Ed Garcia on July 03, 2011 at 24:21:48:
Fear Factor
Many new investors develop what we call Fear Factor.
I can understand their concern of having fear factor and of making a mistake due to it can be costly.
You?ve got to shake it.
Even I am not right all of the time. But in life we play percentages. I may not win all of the time but I will win most of the time. The reason is my RISKS are CALCULATED.
I never venture into a deal, that I don?t feel I know the outcome.
As one of our other participants on this board said a few weeks ago, he never plays a game, that the odds are not in his favor. It?s time to start your voyage. And to do that, you?ve got to leave the dock.
As one man so eloquently said?
Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did. So throw off the bowlines, Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream.
Mark Twain [Samuel Langhornne Clemens] (1835-1910)
Ed Garcia