Daily Thoughts... August 2003  mastery of self...  namaste

2003   February   March   June  July

take a Daily Pause re-energize, calm your thoughts  The Rope(thanks Buffy) ... laugh, enjoy... Got cats?     

Cool Video  (thanks LogicMaster)     Grandma (thanks Richard)  

2003August29

"I'm more concerned about controlling the downside.

 Learn to take the losses. 

The most important thing about making money is 

not to let your losses get out of hand." 

- Marty Schwartz  Mr. "Pit Bull"

2003August28

"The trend is your friend,

 unless it's about to end",

Tom DeMark

2003August26

c h a n g i n g

And the day came
when the risk to remain tight in the bud
was more painful
than the risk it took to blossom.

Anais Nin

2003August25

Richard Wykoff  1919

After modeling the action of Jesse Livermore, Edward Wasserman, James Keen, J.P. Morgan, and many other big operators of his day, Wyckoff developed a trading system which helped to explain the boom and bust cycle in stocks. He analyzed the market and determine where risk and reward were optimal for trading. He emphasized the placement of stops and the importance of controlling the risk of any particular trade. He implemented this model and grew his account such that he eventually owned a mansion next door to the Alfred Sloan Estate in the Hamptons.

2003August21

Even though most people think they are trying to succeed, 

they are simply going through the motions. 

The last thing in the world they want is to get off the familiar treadmill and actually get somewhere

Chin-Ning Chu author of "Thick Face, Black Heart"

2003August19

Dancing with the market is moving with the flow of the market 

- up, down, or sideways -

with a feeling of harmony, trust, gratitude, and yes, even love.

-Bill Williams- (thanks Buffy)

2003August18

The market is where it is

 because that is where it is supposed to be

 and it is supposed to be there

 because that is where it is.

-Bill Williams- (thanks Buffy)

2003August07

L  i  g  h  t

In my hands I hold a candle
whose flame is small to see
And if I give but one light to you
my life is filled for me.
But...
In your hands you hold a torch
for many eyes to see
So hold it high that they may light
their candlewicks from thee.

2003August06

g i v i n g

Never look down on anybody
unless you're helping him up.

Jesse Jackson

2003August05

s u c c e s s

Success is a journey, not a destination;
half the fun is getting there.

Gita Bellin

2003August04

imagination

Live out of your imagination, not your history.

Stephen Covey

2003August01

b e l i e v i n g

Our doubts are traitors and make us lose the good
we oft might win by fearing to attempt.

Shakespeare