trading

trading

Friday, 12 April 2013

commitment is the game and fulfillment is the aim

"I would sometimes think that maybe I ought to stop trading because it was very painful to keep losing. In 'Fiddler on the Roof,' there is a scene where the lead looks up and talks to God. I would look up and say, 'Am I really that stupid?' And I seemed to hear a clear answer saying, 'No, you are not stupid. You just have to keep at it.' So I did."
- Michael Marcus

Market Wizard, is noted for turning $30,000 into $80 million. If even he started out taking enough lumps to generate serious self-doubt, how can traders learning in today's environment expect less of a persistence breakthrough challenge?

the line of least resistance is upward


for now  ~ one day at a time

follow up; UNG and SMH trades


now needs a break out and a follow through


stopped out at break even on a half position after taking 1R profit on the first half

Wednesday, 10 April 2013

advance through trial and error

Do not think that what is hard for you to master is humanly impossible; and if it is humanly possible, consider it to be within your reach.
~Marcus Aurelius