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"If a trader is
willing to give a large share of his time and energy to study of the
markets and of technical considerations, and if he has proper ability
and proper makeup, then it seems quite certain that he will make greater
profits on the shorter time frame as opposed to position trading...Linda
Raschke
"It doesn't matter how often you are right or wrong - it only matters how much
you make when you are right versus how much you lose when you are wrong."....George
Soros
"Take care of your losses and your profits will
take care of themselves."...A.
B. Hostetter
"There is a time to be long, a
time to be short, and a time to go fishing."...
Jesse Livermore |
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A loss never bothers me after I take it. I forget
it overnight. But being wrong- not taking the loss- that is what does
damage to the pocketbook and to the soul.
-Jesse Livermore-
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I trust you have been starting your trading day
clicking on the photo below. It is part of mastering self.
Daily
Pause
re-energize,
calm your thoughts

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Do not believe in anything
simply because you have heard it.
Do not believe in traditions
because they have been handed down for many generations.
Do not believe in anything
because it is spoken and rumored by many.
Do not believe in anything
simply because it is found written in your books.
Do not believe in anything
merely on the authority of your teachers and elders.
But after observation and
analysis, when you find that anything agrees with
reason...then accept it and live
up to it.
-The Buddha
same with trading.
Believe what you can prove to
yourself
NQoos
;-)
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