Pat Tillman, now there's a name I haven't seen in a long time. He was a man of extraordinary personal integrity. He is reported to have turned down $9 million five year contract offer from the St. Louis Rams out of loyalty to the the Cardinals. And he declined a $3.6 million three year contract from the Cardinals to join the US army. How do you think a man like Pat Tillman would approach the field of trading? In the words of Dr. Brett Steenbarger:
Economic success for a trader like Tillman would be a tangible indicator of his efficacy and the rightness of his efforts. It is effect, not cause. He doesn't trade to simply make money any more than the late Pat Tillman played football to make money. His work is an extension of who he is; his profits are the result of years of effort and integrity. Pat Tillman's play on the field was just a part of the much greater work that was his life. Dr. Steenbarger again:
Would he join a proprietary trading firm that frantically searches for stocks in play, robotically fading moves or chasing strength or weakness? The mere thought is ludicrous. Would he attend a few seminars or read a couple of books and trade the same untested chart patterns as other other beginners? It's unthinkable....
Economic success for a trader like Tillman would be a tangible indicator of his efficacy and the rightness of his efforts. It is effect, not cause. He doesn't trade to simply make money any more than the late Pat Tillman played football to make money. His work is an extension of who he is; his profits are the result of years of effort and integrity. Pat Tillman's play on the field was just a part of the much greater work that was his life. Dr. Steenbarger again:
[Tillman] the trader... would stand for something. He would have a view of markets and how and why markets move... It would be his view, not something borrowed slavishly from tradition or current fads.
When confronted with the choice of following the crowd versus acting on his convictions, he wouldn't hesitate to do the right thing.