{"id":68985,"date":"2020-05-26T13:30:43","date_gmt":"2020-05-26T05:30:43","guid":{"rendered":"https:\/\/nomoneylah.com\/?p=68985"},"modified":"2022-05-02T13:13:55","modified_gmt":"2022-05-02T05:13:55","slug":"being-right","status":"publish","type":"post","link":"https:\/\/nomoneylah.com\/2020\/05\/26\/being-right\/","title":{"rendered":"Being Right in The Market"},"content":{"rendered":"

I used to have a bad tendency of wanting to be right in life. Sometimes, I still do.<\/span><\/p>\n

In a debate, I want to prove my point right \u2013 and someone else\u2019s opinion wrong.<\/span><\/p>\n

In the stock market, I want to be right in the market direction so badly \u2013 that being right made me happier than making returns.<\/span><\/p>\n

But here\u2019s the thing:<\/strong><\/span><\/h3>\n

This can work both ways.<\/span><\/p>\n

Whenever I’m proved wrong in a debate, I felt ashamed.<\/span><\/p>\n

Whenever the market doesn\u2019t go in my favor, I felt frustrated.<\/span><\/p>\n

The emotional baggage that I carried from trying to prove myself right is suffocating.<\/span><\/p>\n

Here\u2019s a lesson that I learned the hard way:<\/strong><\/span><\/h3>\n

We live in a world that makes up of different personalities & agendas.<\/span><\/p>\n

We invest in a market that makes up of different perspectives & emotions.<\/span><\/p>\n

In the market, your opinion doesn\u2019t matter. The market moves however it wants. The market is always right.<\/span><\/p>\n

The key here is not trying to be right all the time. Rather, it\u2019s having the humility to accept the lessons from different outcomes that\u2019ll ultimately benefit you in the long run.<\/span><\/p>\n

Be open with being right, AND be equally open on being wrong. There is more money to be made when you embrace both sides of the coin.<\/strong><\/span><\/p>\n

\n

Rogue One is a new weekly 1-min article series where I share my random thoughts and ideas.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

I used to have a bad tendency of wanting to be right in life. Sometimes, I still do. In a […]<\/p>\n","protected":false},"author":1,"featured_media":68986,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[333,17],"tags":[210,118,155],"yoast_head":"\nBeing Right in The Market - No Money Lah<\/title>\n<meta name=\"description\" content=\"In the market, your opinion doesn\u2019t matter. The market moves however it wants. 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