A New Year Does Not Erase Past Mistakes

Here comes the calendar. Everything will be different in 2014, right? If you had a bad year, then no worries, here comes 2014. Things didn't go quite your way in business? No worries, here comes 2014. Time to rebalance your portfolio? Of course. It's 2014 -- well, it will be before the week is over. It's only a day that's no different than the rest. It's only a number on a calendar page.

The changeover to 2014 doesn't reset one's trading or performance of 2013. The New Year doesn't erase past mistakes or correct bad habits. In fact, it is dangerous in my view. "This year will be different!" It won't if you haven't changed a damn thing you were doing wrong in 2013. The New Year can provide false optimism that actually creates overconfidence....392 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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