trading
Monday 30 April 2012
emotions are not always subject to reason
W. Clement Stone often says, “The emotions are not always subject to
reason, but they are always subject to action!” Determine what you are
best at and what you like to do, and develop a burning desire to be the
best you can be at it. Then get into action!
Sunday 29 April 2012
Saturday 28 April 2012
"YOU DON'T NEED TO KNOW WHAT IS IT GOING TO HAPPEN NEXT IN ORDER TO MAKE MONEY"
Success in the markets has nothing to do with predicting what the market will do. Instead, it has everything to do with GOING WITH THE FLOW of what the market is doing, ACTING on your edge (assuming you have one), and EXECUTING your trades, (the good, the bad, and the ugly) properly as per your PLAN.
Friday 27 April 2012
Today I was asked. Why do you like to coach other traders ?
Well, since I began coaching in 2005 the unique feature that I have been enjoying the most is that it forces me to develop a deeper understanding of why I act the way I do. Before I can explain the procedure to anyone else, I have to have a clear understanding of it in my own mind. Working with others forces me to confront my own beliefs about trading, and in the process, makes me a better trader. That is one of the reasons.
Hope this helps!
Hope this helps!
Thursday 26 April 2012
One Day At A Time
"TREND IS YOUR FRIEND"
CATCHING A TREND IS THE ONLY WAY TO MAKE MONEY IN THE MARKET
MAKE SMALL BETS UNTIL THERE IS MORE CONFIRMATION AND THE MARKET PROVES THE POSITION CORRECT
THIS BUSINESS IS MORE ABOUT MANAGING RISK THAN IT IS ABOUT GAINS
YOUR EXIT STRATEGY, ON BOTH GOOD TRADES AND LOSERS, IS MORE IMPORTANT THAN YOUR ENTRY STRATEGY
ENJOY THE TREND RIDING!
Wednesday 25 April 2012
Live like you are already dead.
"If you had only one more day on this earth, how much sharper your senses
would be. The beauty of nature, the simple pleasures of life, would be
indescribably wonderful, and every moment would present an opportunity
to spend quality time with your family and strengthen relationships with
friends, acquaintances, and business associates. Every thought would be
laser-sharp in that highly focused state."
Today is your last day on earth
for today’s opportunities,
do not let them pass you by.
Today is your last day on earth
for today’s opportunities,
do not let them pass you by.
Fed Day Today
Apple crushes street targets
http://www.reuters.com/article/2012/04/25/us-apple-results-idUSBRE83N19Q20120425
Tuesday 24 April 2012
AAPL
AAPL is in focus today, they report tonight after the bell, as Apple goes so goes the market, expecting some explosive move
<a href="http://www.linksmanagement.com">Contextual Links</a>
<a href="http://www.linksmanagement.com">Contextual Links</a>
Monday 23 April 2012
Question about starting a new venture.
A_The advice I would give others in a collaborative effort is to
clearly define your objectives, make sure you will be fairly compensated for your best efforts, stick to what you do best, keep business structure lean, and don’t depend on others to make it happen.
clearly define your objectives, make sure you will be fairly compensated for your best efforts, stick to what you do best, keep business structure lean, and don’t depend on others to make it happen.
dying to live
Doesn't everything die
at last, and too soon?
Tell me, what is it you plan to do
with your one wild and precious life?~ Mary Oliver
Tell me, what is it you plan to do
with your one wild and precious life?~ Mary Oliver
Saturday 21 April 2012
admitting it's hard
"See both sides, manage risk, don't chase
reward, and remember that there's no shame
in admitting it's hard; there's only shame in
pretending it's not."
reward, and remember that there's no shame
in admitting it's hard; there's only shame in
pretending it's not."
Friday 20 April 2012
Greed and fear have the power to erase even the most well thought out plan and make the smartest people behave silly.
Empathy gap is the main reason behind most trading mistakes. The gap is the difference between how you believe you will act under certain circumstances and how you actually act when the time comes.
for more info read _Extraordinary Popular Delusions
Thursday 19 April 2012
UPRISE NOW
There are some issues today
and I give to truth a greater birth,
and to steadfast faith a deeper worth,
hungering souls of earth, uprise today.~Miro
SOME NEW ISSUES FOR YOUR VIEWING
click to enlarge
new issues for your re-view _ not a buying or selling recommendation _ for educational purposes
Wednesday 18 April 2012
Tuesday 17 April 2012
Need to be right !
TO BE SUCCESSFUL
IN THE MARKET IT'S MORE IMPORTANT TO BE HUMBLE THAN TO BE RIGHT
MANY TIMES WHAT TRADER NEEDS IS NOT MORE KNOWLEDGE OR A BRILLIANT MIND THAT CAN ANALYSE MARKETS BETTER BUT A HUMILITY TO SEE THE TRUTH, AND KEEP HIS MIND OBJECTIVELY FOCUSED IN THE "NOW MOMENT"
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