TRADING THOUGHT

US DOLLAR DAILY

“A loss will never bother you after you take it . You will forget it overnight. But being wrong not taking the loss that is what does the damage to the pocketbook and to the soul.”

PALL DAILY ......THEN AND NOW

“I have always played a lone hand. I began that way in the bucket shops and have kept it up. It is the way my mind works . I have to do my own seeing and my own thinking.”

IBB DAILY................THEN AND NOW

"Everybody makes mistakes, so nobody owns the world in a month. The point is about growing wiser with each mistake."

TRADING THOUGHT

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

“If a man didn't make mistakes he'd own the world in a month. But if he didn't profit by his mistakes he wouldn't own a blessed thing.”

EMINI DAILY .......THEN AND NOW

"Sometimes the simplest lessons are the hardest to learn, and they take a long time to sink in."

VIX DAILY

"Anger gets you nowhere. The market does what it does. Are you in control of your trading, or is the market controlling your mind?"

MMM DAILY

“To be angry at the market because it unexpectedly or even illogically goes against you is like getting mad at your lungs because you have pneumonia.”

MSFT DAILY

“... in starting a movement it is unwise to take on your full line unless you are convinced that conditions are exactly right."

JPM DAILY

“Every time I found the reason for a loss or the why and how of another mistake, I added a brand-new DON’T to my schedule of assets.”

Stick your list of DON’Ts to your screen. It will be a good reminder as you wait for a trade to setup.

YEN DAILY

“Go for the big moves with confidence”.

EURO DAILY

"Men who can both be right and sit tight are uncommon. I found it one of the hardest to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance.”  Livermore

THOUGHTS FROM A MASTER

TRANS DAILY ......................THEN AND NOW

“There is nothing like losing all you have in the world for teaching you what not to do. And when you know what not to do in order not to lose money, you begin to learn what to do in order to win. Did you get that? You begin to learn!”  Livermore

TSLA DAILY

FOR THE SMALL TRADER!

"The unexpected is part of the game. The only way to avoid the unexpected is not to trade. So make friends with it."

VIX DAILY

“A stock operator has to fight a lot of expensive enemies within himself.”

TNA SEMI AUTO SYSTEM SPREADSHEET

THOUGHTS .....................LIVERMORE

EMINI 5 MIN

"SOME JUST SPEND ALL THEIR ENERGY BLAMING ........THE WINNER MOVES FORWARD IN A POSITIVE DIRECTION..UNDERSTANDING THE JOURNEY"