I notice a lot of impressionable traders, dealers suffer from what is termed "guruitis". This is where, after having a bad time in the markets or not having things go their way, look to a "guru", usually someone they see as making money. They mistakenly think the guru has a secret formula or some secret method that can make them successful at trading. Trading is not about having a guru to follow, but about looking inwards at oneself, examining one's strength and weaknesses to overcome the dark forces of fear and greed, the bane of all traders...
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