Trading Maxims/Quotes

''The most sucessful traders have become comfortable with the idea they can lose it all;Don't take positions that are too big for your financial comfort level''-----------------------------Joshua Lukeman,writer market maker,former trader at Bear-Hunter LLC,where he traded listed stocks and futures.................... Thanked parents,mentioned the rest of his family;Melissa ,Abram, ,Adam,Danny,Zoe,Remy,Leah,John,,Fred, Regina,Avi,but not thier last names.

 

bid, ask, level II is all a great _game_! only the print matters. only matched trades show the real intentions market participants have, everything else can look like gold but it may turn out as the last crap.

 

"Sun Tzu reminds us that the victorious army wins first and then seeks battle."

Translation: Have a trading plan.

The Art of War

 

"It is completely obvious to me when to get in, and the screams are so loud that my fingers just do their thing as if it is THEM who is doing the trading." --- Nitro --- Elite 2002

 

Every market has a rythm, and our jobs as traders is to get in sync with that rythm. I am not really trading when I am doing those trades. There's trading being done, but I am not doing it.

Unknown"The New Market Wizards"

Now who is the copycat???

 

Trading paraphrase-Sodom Hussein makes a bad trade,refused to take a written loss ,then had to take the mother of all losses Jack Schwager-1992 '' [1]Sucess is the result of hard work learning from failure..................persistance.............''General Colin Powell-Stock Traders Almanac

 

Trader talk''{FEB}''Dont short the sixth day''-. CNBC [2]There has been a lot there in cluding but not limited to the many times the trend changes after the 5 th day...................