"No matter how many years you have been trading, do not think
you are beyond making mistakes."
Friday, July 25, 2014
Thursday, July 24, 2014
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."
Wednesday, July 23, 2014
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"
Tuesday, July 22, 2014
Friday, July 18, 2014
BONDS DAILY
Thursday, July 17, 2014
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?"
CRUDE DAILY
"Trading is not to be entered casually. It requires a
tremendous amount of effort and focus. Success does not come haphazardly."
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.
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."
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