Tuesday, 12 February 2013

The greatest traders are scientists and artists.


"After a certain high level of technical skill is achieved, science and art tend to coalesce in aesthetics, plasticity, and form. The greatest scientists are artists as well."
- Albert Einstein


good advice for traders and everyone else by Siddhārtha Gautama

"Do not believe in anything simply because you have heard it. Do not believe in anything simply because it is spoken and rumored by many. Do not believe in anything simply because it is found written in your religious books. Do not believe in anything merely on the authority of your teachers and elders. Do not believe in traditions because they have been handed down for many generations. But after observation and analysis, when you find that anything agrees with reason, and is conducive to the good and benefit of one and all, then accept it and live up to it."
- Siddhārtha Gautama (Buddha)

Friday, 1 February 2013

trade from Dec. 20th: POT

                                   keep stop @ 41.90 ~ Don't Be Scared To Take Profits

Thursday, 31 January 2013

good traders have a special talent...

Good traders have a special talent for trading just as good musicians and good athletes have talents for their fields. Great traders are ones who are absorbed by the talent. They don't have the talent — the talent has them.
~ Ed Seykota

Sunday, 27 January 2013

follow up: POT

                                   new stop is now @ 41.89

Remember to continue to take things one day at a time, practice proper money and position management, and honour your stops.

Thursday, 17 January 2013

follow up: POT

                                          looks like another leg up under development

Friday, 11 January 2013

follow up; POT

                        booking more profits, for a "runner" a new stop now is @ 41.25


The information contained herein is for educational purposes only and is not, and should not be construed as an offer to hold, sell or an offer to buy any securities.

Wednesday, 9 January 2013

follow up: POT

locking in profits on the "runner", new and a higher fail-safe-stop is now @ 40.69

Wednesday, 2 January 2013

follow up: POT


POT took six days to reach the first target, 200DMA, now you can move your stop, have a break-even fail-safe-stop for the remaining part, "runner", and enjoy being a trader without any psychological burden, you don't have any risk for the remaining part and you booked profits on the half.
Enjoy "free trade".