As an investor, there is only one day a year that you are unable to do anything about the stock market’s behavior, and that is yesterday. Any other day, your action or inaction will determine your bottom line. As a trader, the two things I must do each day is focus on doing and focus on being.
Flopping has no place in the investment arena, but you see it as often there as on the basketball court. For those of you who are not big sports fans, a “flop” in basketball, for example, is when a player intentionally falls down in a grandstanding manner after little or no physical contact by an opposing player in hopes of drawing a referee’s attention, thereby securing a personal foul against the opponent. It’s unsportsmanlike, but widely practiced and even perfected by a number of professional players in multiple sports, not just basketball.