VIX DAILY

“The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.”

COFFEE DAILY.......

 

"The speculator's deadly enemies are : ignorance , greed, fear, and hope."

TRADING THOUGHT

TNA SEMI AUTO SYSTEM SPREADSHEET UPDATE

EMINI 5 MIN CONTINUATION

"Qualities extolled are attention to price movement, fearlessness, and doing the right thing."

DOW DAILY..................THEN AND NOW

"People who look for easy money invariably pay for the privilege of proving conclusively that it cannot be found on this sordid earth."

SILVER DAILY

“There is profit in studying the human factors... the ease with which human beings believe what it pleases them to believe."

EMINI 5 MIN CHART

"A trader is a lot like a doctor diagnosing an illness. There is a need for a series of keen observations and deductions. Moreover, experience is a must, counted in years, and cannot be substituted by anything else."

TRAN'S DAILY

“Ticker sense” or trading intuition is not a mystical power that is granted by God. It is developed through thousands of hours of observation."

 

TRADING THOUGHT

CRUDE DAILY ......THEN AND NOW

Responsibility “I convinced myself that whatever was wrong was wrong with me and not with the market. Now what could be the trouble with me? I asked myself that question in the same spirit in which I always study the various phases of my trading problems.”  You can choose to play a victim and blame everything outside yourself. Or, you can reclaim your power and take responsibility for your actions and results.

 

VIX DAILY ........THEN AND NOW

"If there is one ‘greatest commandment’ for a trader, it is to ‘know thyself ’. Livermore did not consider any financial price too great to pay for some self-knowledge."

YEN DAILY......THEN AND NOW

"Don’t trade upset, don’t trade sick. Your body and mind need to be healthy and well."

EMINI 5 MIN

"The market is not your whore. You cannot make it give you anything. The only things you control are the entries, exits, and how much you bet."

TNA SEMI AUTO SYSTEM SPREADSHEET

FORD DAILY.................THEN AND NOW

“Fate does not always let you fix the tuition fee. She delivers the lesson and presents her own bill, knowing you have to pay it, no matter what the amount may be.”

LMT DAILY

"No matter how many years you have been trading, do not think you are beyond making mistakes."

IBM DAILY

"Trading must be a pleasurable, intellectual activity of the highest order."

NEW STUDENT'S FIRST TRADES

GOLD DAILY THEN AND NOW

 "It is the defining characteristic of an amateur to think of individual trades in terms of money. A pro simply thinks of doing the right thing, win or lose."

VIX DAILY

"The professional concerns himself with doing the right thing rather than with making money,"

TRADING THOUGHT

EMINI DAILY

"As long as trading is seen in terms of money, most of us cannot help feeling swayed by greed and fear. The detached trader, however, can find it within himself to make objective decisions not based on emotions."

AAPL DAILY

                                                    "FOR THE SMALL TRADER"

"Fear keeps you from making as much money as you ought to.  And so does asking your wife about business"

EMINI 5 MIN CHART

"The speculator's chief enemies are always boring from within."

HLF DAILY

"There is no profit in being wrong at any time."

BONDS DAILY

"It is ironic that a trader must believe enough in his trade to put it on , but not enough to not change his mind. Conviction is good and necessary. Dogmatism isn’t."

THOUGHT

VIX DAILY

"Clarity will come. Wait for it. Again, do not take trades simply because you hate missing out. Are you trading for excitement or profit?"

IBM DAILY

"Prices, like everything else, move along the line of least resistance."

TNA SEMI AUTO SYSTEM UPDATE

FOR THE SMALL TRADER!

                                                   

CRUDE DAILY

"Trading is not to be entered casually. It requires a tremendous amount of effort and focus. Success does not come haphazardly."

TNA 5 MIN ENTRANCES

"STUDY HARD OR THE MARKET WILL MAKE IT HARD."

GOLD DAILY

“You remember Dickson G. Watts' story about the man who was so nervous that a friend asked him what was the matter. "I can't sleep," answered the nervous one. "Why not?" asked the friend. "I am carrying so much cotton that I can't sleep thinking about it. It is wearing me out. What can I do?" "Sell down to the sleeping point," answered the friend.

TNA SEMI AUTO SYSTEM SPREADSHEET

                                                    FOR THE SMALL TRADER!

AMD DAILY

"A main lesson is that you have to trade in a way that is comfortable to you. If you are losing your sleep or feeling anxious, reduce your position... or perhaps adjust the way you trade."