"Buy low, sell high; Buy high, sell higher." "Markets are always right; Markets are always wrong." "Trade with the trend; Trade against the trend." "Trade with the order of market disorders." "The real holy grail of trading is there is no holy grail" "The newly developed strategy works every time until starting to trade with real money." "A profitable strategy everyone uses will be unprofitable." "Don't put all eggs in one basket; Put all eggs in one basket and watch it carefully." "We don't see patterns as they want them to be; We see patterns as we want them to be." "It isn't we can't see real solutions; It is we can't see real problems." "The truth is recognising a profitable pattern is not in your eyes, but in your mind." "Everything should be made as simple as possible; but not simpler. --- Einstein" "From error to error, one discovers the entire truth. --- Freud" "There is always a new profitable system offered by trading gurus after we are running out of trading capital." "The most obvious trading rule is always least understood." "Although this may seem a paradox, all exact science is dominated by the idea of approximation. --- Russell" "The best profitable experience is losing money." "Many predictions in trading have a chance of success greater than zero; but very close to it."
Perhaps Trading (Trader A) Perhaps trading is like a resting place A shelter from the storm It exists to give you comfort It is there to keep you warm And in those times of trouble When you are most alone The memory of trading will bring you home (Trader B) Perhaps trading is like a window Perhaps an open door It invites you to come closer It wants to show you more And even if you lose yourself And don't know what to do The memory of trading will see you through (Trader A) Oh, trading to some is like a cloud To some as strong as steel (Trader B) For some a way of living For some a way to feel (Trader A) And some say trading is holding on And some say letting go And some say trading is everything And some say they don't know (Trader B joined by Trader A) Perhaps trading is like the ocean Full of conflict, full of pain Like a fire when it's cold outside Thunder when it rains If I should live forever And all my dreams come true My memories of trading will be of you (Trader A) And some say trading is holding on And some say letting go (Trader B) And some say trading is everything Some say they don't know (Trader B starts joined by Trader A) Perhaps trading is like the ocean Full of conflict, full of pain Like a fire when it's cold outside Or thunder when it rains If I should live forever And all my dreams come true My memories of trading will be of you
Those who say it cannot be done ought not to interrupt those who are doing it (old Chinese proverb) Victory awaits those who have everything in order - people call that luck. Defeat is certain for those who have forgotten to take the necessary precautions in time - that's called bad luck. (Roald Amundson, 1927, polar explorer)
Holmes, Personally, I love lots of those interruptions because it keeps reassuring me that there are many around helping pay for my wins.
Losers add to losers; Winners add to losers. http://www.elitetrader.com/vb/showthread.php?s=&threadid=5751
Some systems better with stop-losses; Others without. http://www.elitetrader.com/vb/showthread.php?s=&threadid=64664 http://www.elitetrader.com/vb/showthread.php?s=&threadid=51565 http://www.elitetrader.com/vb/showthread.php?s=&threadid=29890 http://www.elitetrader.com/vb/showthread.php?s=&threadid=19876