trading

trading

Wednesday 27 May 2015

follow up: BOX


note: June 10th after the close,  BOX will report earnings

Tuesday 5 May 2015

#10: BETTER, NOT MORE "It is quality rather than quantity that matters."

"Cut the link between the number of trades and your trading profits. Ignore the link between the time you spend trading and your trading results. Your trade quality is what matters." 

Monday 4 May 2015

#9: TIME OFF THE MARKET "Only time can heal what reason cannot."


“Order Rejected. Margin Exhausted”
"You realize that your trading account is ruined. You cannot trade anymore. You recall your unimaginable lack of discipline. You had no idea why you took that many rogue trades. A humbling experience. You keep searching for a reason to explain this disastrous outcome. You think that it will help you regain confidence. You should find the reasons so that you won’t ruin your account again. However, reason alone might not help you regain your confidence as a trader. In that case, taking time off the market is the best course of action. Rest and recover. Then, return to the market with the right mindset."

Friday 1 May 2015

#8: LUCK IN TRADING "Luck is what happens when preparation meets opportunity."

"Ever thought of why your trading buddy is always luckier than you? Perhaps he is just more prepared than you. Gamblers depend on pure luck. Traders prepare for an opportunity."