Achilles Quote by Gil Blake
“First of all, most traders don't have a winning strategy. Second, even among those traders who do, many don't follow their strategy. Trading puts pressure on weaker human traits and seems to seek out each individual's Achilles' heel.”
About This Quote
Source Book: Trading Psychology, Gil Blake, 2015
Many traders lack a solid plan and fail to stick to it, exposing personal weaknesses.
In simple terms: Traders often don’t have or follow a good strategy.
Develop and adhere to a disciplined strategy.
Themes
Mood
Type
When to use this quote
- stock trading
- day trading
- investment decisions
Key Concepts
Questions to Reflect On
- How can you enforce adherence to your own strategy?
- What personal habits undermine your trading?
Success depends on consistent execution, not just having a plan.