The true trader is thinking like this:
What did people believe in order for prices to get here?
What will make them change their minds?
What price action will cause the loser to quit?
What price action will cause them to more firmly believe?
How long has the loser been losing and when will he quit?
How long has the winner been winning and where will he think enough is enough?
...from Trader X
"Ability has nothing to do with opportunity"
...Napoleon Bonaparte
mm
Some thoughts
Started by
maineman
, Nov 11 2009 09:32 AM
3 replies to this topic
#2
milbank
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- 4,714 posts
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Posted 11 November 2009 - 10:58 AM
"Ability has nothing to do with opportunity"
...Napoleon Bonaparte
"...but, one without the other renders both useless"
...Milbank
Edited by milbank, 11 November 2009 - 11:00 AM.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
#3
selecto
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- Traders-Talk User
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Member
Posted 11 November 2009 - 12:12 PM
I think that the true traders are wondering if they can keep the
markets gunned through year-end bonus calculation time.
I think the answer is yes.
#4
goldswinger
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- Traders-Talk User
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Posted 11 November 2009 - 12:16 PM
"Ability has nothing to do with opportunity"
...Napoleon Bonaparte
"...but, one without the other renders both useless"
...Milbank
100 years from now they are going to quote you wth the big boyz Napoleon and company!
It is like trading with agreat TA sysytem and No stops, useless!!!
