"The one defining characteristic of successful traders is their refusal to quit in the face of adversity"
"News and reports are just bumps in the road when everyone gets excited for a second or two. Once everyone settles back into their seat, the ride continues in the same direction it was aready heading"
"Don't worry about what the markets are going to do, worry about what you are going to do in response to the markets. " Michael Carr
Risk First, Profit second. Where is the cattle Am I feeling lucky? Sell 1/2 Don't know why you just got stopped? You just don't know anything at all. -> Knowledge is king. what am I doing different? Wheres the innovation peabrain? Whats my risk? Mom leads the kids 100% of the times, Kids follow the mother 75% of the times. Never forget. Don't miss the forest for the trees. Is this scaleable? Can I exit? Size in. Size in now. I don't need quotes, I make them up as I go along.
"The safest way to make a small fortune is to start with a big fortune." "The quickest way to double your money is to fold it in half and put it back in your pocket." "Lots of trades look great until you take them."
âBuy high, sell higher. Sell low, buy lower. Thatâs what the old saw about the making money in the market should read. To do otherwise is to be guilty of picking tops and bottoms. Both are deadly ego games.â -Edward Toppel, Zen in the Markets