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Share ONE thing you know for SURE about trading


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#51 Vector

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Posted 08 July 2005 - 03:56 PM

Ever Present Temptations to ALWAYS Resist: Anticipating Forecasting Trading a move BEFORE it happens Trying to pick a top in an uptrending stock and vice versa Asking or wondering "why?" to explain things Being influenced by the external news/events. They are totally meaningless to market Betting the farm Being myopic or closed minded in your selections or beliefs Trying to make alot in a least amt of time Trying too hard, watching too closely Assuming the "majority" is wrong Trading on tips or "themes"

#52 Vector

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Posted 08 July 2005 - 04:09 PM

...and Betting too much on any sinlge trade Not diversifying enough (over time, stock and sectors)

Edited by Vector, 08 July 2005 - 04:10 PM.


#53 Cycle Analytics

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Posted 08 July 2005 - 07:48 PM

Contrarians are always right at tops and bottoms... they're never right in the middle. (Don't try to swim up stream)




#54 wyocowboy

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Posted 08 July 2005 - 11:30 PM

Never short a dull tape........
Good luck is with the man who doesn't include it in his plan.
- Graffitti

#55 grimreaper

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Posted 09 July 2005 - 07:18 AM

"If you don't know who you are ; the Market will be an expensive place, to find out."

#56 mikehb

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Posted 09 July 2005 - 09:56 AM

"if in the market you want to have fun..cut losses..let profits run..."...from a new book soon to be released.."The Combined Wisdom of Yogi Berra Dizzy Dean and the Olsen Twins"

#57 youmast

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Posted 09 July 2005 - 01:22 PM

"WHENEVER YOU FIND YOU'RE ON THE SIDE OF MAJORITY, IT'S TIME TO PAUSE AND REFLECT" Mark Twain. The first rule of the holes: when you're in one, stop digging. "BEFORE I ENTER INTO THE TRADE, I'M A TECHNICIAN. IN THE POSITION, I'M AN ACCOUNTANT" Youmast.

Edited by youmast, 09 July 2005 - 01:31 PM.


#58 youmast

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Posted 09 July 2005 - 01:34 PM

DO NOT TRADE 2-3 DAYS AFTER BIG PROFIT OR LOSSES. Well, that's my custom rule.

#59 traderpaul

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Posted 09 July 2005 - 03:21 PM

Less is more....By that I mean toss out all those fancy indicators, e-wave, sentiment etc. and use some very basic stuff.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

#60 entre

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Posted 10 July 2005 - 08:53 AM

Trading is about survival