Financial Investing Radio

One night coming out of the mountains in a two-wheel drive truck it was raining hard. My father was driving the truck and the road was totally muddy and slippery. As we looked off to the side of the road we could see the side of the mountain dropped off steep. It had our full attention! Looking back at that situation I wonder if we did enough homework to decide if we should go down that road given the conditions and the fact that we were in a two-wheel drive truck. Perhaps we can relate that to making decisions to enter an investment or a trade. How many times do the emotions participate in the decision to enter a position? Every time! A friend of mine years ago flew his own plane; he was dedicated to managing his list of things to do before and after any flight. No matter how many times he flew the plane, he would walk through the list religiously, even though he had it memorized; and he would check things off. I compare that experience to another friend who was also a pilot and at the end of one particular