LIGHTHOUSE

Saturday, February 25, 2012

DAY TRADING TIME MOVEMENT

TO TRADE AND LEARN,,,,,,,,,,,,,

"First, you will need to learn how to release yourself from any feelings of
inadequacy, guilt, or shame. Second, you will need to learn how to identify
and repair the residual psychological damage caused by the emotionally
painful experiences because painful experiences have the potential to
generate fear. Finally, you will need to undo any inappropriate trading
habits and learn the appropriate skills that will help you eventually to
accumulate the wealth you desire from trading."

Friday, February 24, 2012

CRUDE

" All truly wise thoughts have been thought already thousands of times;
but to truly make them ours we must think them over again honestly,
till they take root in our personal experience."- Goethe

EUR 5 MIN

Saturday, February 18, 2012

USO DAILY


A trading plan should cater for every eventuality. As Richard Dennis (Turtles fame) said,"Don't worry about where the prices are going. Worry about what you are going to do when they get there."

THOUGHT................



You will never meet a successful trader who is looking to blame
someone else, or something else for the consequences of his results.
It just will not happen.
You see, when you accept 100%, no questions asked responsibility
for all your actions you close the door to "excuses" behind you. When
something goes wrong instead of looking for someone else to shoulder the
blame, you will accept responsibility, note it down and vow never to
repeat it again. Simply, you are willing to accept you are going
to make mistakes, but more importantly, you are going to learn and never
repeat those mistakes. A vital component of any winning trader.

Friday, February 17, 2012

CRUDE

BEANS

EMINI 240/3 MIN

THOUGHT.............


No matter how my hopes shall fail,
Or how I fall behind,
I’ll not sit down tonight to wail
That God has been unkind.
But,
with a duty to fulfill,
And with a proud, defiant glance,
I’ll prove that still
I have the courage and the will,
And gird me for tomorrow’s chance.
Tunnel through the Air, pp.  144-145

Thursday, February 16, 2012

TNA/SILVER...... SEMI AUTO SYSTEM SPREADSHEET UPDATE



There's an old saying in trading:  " If you have to ask for an opinion of your trade you shouldn't be trading"

EMINI 240/3 MIN

“KNOWING WHEN TO TRADE IS MORE IMPORTANT THAN WHICH LINE TO DRAW”

 

“KNOW WHEN NOT TO TAKE SMALL PROFIT ON A LARGE TRADE”