The fact that Theranos grew as much as it grew before the truth came out is incomprehensible to me. Were there no independent peer reviews of the tests they did?
True. And it's not just important to have a plan, it's important to have a good, well-thought out plan. A poorly conceived plan wouldn't be of much help.
UK’s Financial Conduct Authority (FCA) has followed the example of the Cyprus Securities and Exchange Commission (CySEC), issuing a ban on trading bonuses and setting a cap of 1:50 on CFDs. They will be preventing brokers from offering any form of trading or account opening bonuses or benefits...
That is a very rational way of looking at it, but human emotion by nature is not rational. You can predict all the possible outcomes and still be anxious.
The Cyprus Securities and Exchange Commission (CySEC) has issued a circular to the Cyprus investment firms setting some new rules regarding trading bonuses, maximum default leverage and fund withdrawal processing terms. In essence the new rules concern all forex and binary options brokers...
The problem with anyone who is ultra-confident, be they a narcissist or not, is that the constant need to be right blinds them to the reality of the market. You adapt to the market, the market doesn't adapt to you.