Without transpirar against an error, nor being excited and to endiosar themselves against a success. Some contend that Danny Meyer shows great expertise in this. It is difficult. But the unique thing that maintains to us and protects like traders. The rest is totally accessory, the market being 80% psychology (own) and 20% ability, technique and knowledge. Studies have become comparative of the masters that must have to trader and it reached the conclusion that he is comparable to the concentration and capacity to react in fractions of second that have professions of high risk like the aeronautics or military man. The excellent pilots still can be traders without almost knowing nothing markets. A pilot of a local airline commented to me once about which they call Situation Awareness (SA), that is to say brings back to consciousness of the situation that before any unforeseen circumstance in the ship, must react otherwise the outcome immediately can be fatal. This makes reference to the perception and understanding that the pilot must have of the external elements, where the information flow is high and the condition of continuation or interruption of those elements in the time and space can determine a safe flight or a plane crash.
A lack of SA can generate a bad decision and to be translated like human error when a misfortune or plane crash happens. The outcomes generated by the negligences and lack of immediate reaction, are different for each profession. In one the life can be lost, in the other something more than money. Until the next one, Paola Pecora Paola Pecora is international analyst of markets, and is the Publisher in Head of Latinforme.com and Global Value, the report of monthly advising in investments, that aims at investments with strong bullish potential in Wall s$street..