FAQ - MAIN MENU
WHY IS DISCIPLINE SO CRITICAL TO SUCCESS?
“The sign of an intelligent people is their ability to control emotions by the application of reason.”
When money is involved, our emotions and ego come into play. If we add in an almost infinite number of things to consider when making investment decisions, it is easy to understand why even the brightest of the bright find sustained success in the financial markets to be frustratingly elusive.
Like anything else in life, taking the time to understand the key variables before developing sound strategies and tactics, greatly improves our odds of sustained success versus a haphazard and emotionally-driven approach.
Discipline and mental toughness are arguably the most important elements of long-term investing.
“Probably only one in five hundred people has the necessary discipline to be successful.”
Important Disclosures: While the CCM Market Model is based on sound economic and investment principles, there is no guarantee any of the objectives, including limiting account drawdowns, will be met in the future. The terms odds and probabilities also speak to uncertain outcomes. Please see additional disclosures for more information.