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Monday, September 14, 2009

Workshop: Practical Investing

My lesson on Practical Investing.
Well I made a fool out of myself today at the pratical investing lesson today.
We were given the opportunity to guess an average number that is 2/3 sum of the whole class would guess from 1 to 100. And I made the guess 72. Why would I guess 72 because I did not think much about the question.
I just assume that (maybe it would be lucky guess but even if the whole class wrote down 100 the 2/3 average would be no more than 67. Haha well initially I was quite defensive about my answer. But I soon realise I was not beginning rational ,same goes for my trading habits. Furthermore plus ego and emotional kicking in, I should have pay attention to my mistake and learn from it. 
I would not make the same mistake again.

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