Edited by Vector, 10 July 2005 - 09:20 AM.
Share ONE thing you know for SURE about trading
Started by
calmcookie
, Jul 07 2005 02:50 PM
75 replies to this topic
#61
Vector
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Posted 10 July 2005 - 09:13 AM
Follow (react) to your indicators, do not lead (second-guess) them
Don't be too concerned with the exact (zig-zag micro) path of the trend, but make sure to follow it.
Spend more time analyzing what IS happening and less on second-guessing what's next.
Spend just as much time confirming a trend than gaming its demise.
#62
calmcookie
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calmcookie
Posted 10 July 2005 - 09:32 AM
Thank you everyone for your GREAT contributions to this thread. 
Sunday Trader
Persist through pain
Endure the rain
Rise up again
Proclaim his name
And you will see
Life's yet to be
He's paid the fee
For you and me
Sunday Trader
Persist through pain
Endure the rain
Rise up again
Proclaim his name
And you will see
Life's yet to be
He's paid the fee
For you and me
#63
Vector
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Posted 10 July 2005 - 09:45 AM
Be a "contrarian" in HOW you operate and think not necessarily in what/when you trade.
Edited by Vector, 10 July 2005 - 09:47 AM.
#64
Vector
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Posted 10 July 2005 - 09:51 AM
jump on a new trend (direction) AFTER its begun *and* past reversal has been confirmed, not precisely when you think its about to start.
Same for jumping off it.
Edited by Vector, 10 July 2005 - 09:52 AM.
#65
traderpaul
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Posted 10 July 2005 - 11:19 AM
Here is more from the top traders.....http://members.aon.a...s/citation.htmlThank you everyone for your GREAT contributions to this thread.
Sunday Trader
Persist through pain
Endure the rain
Rise up again
Proclaim his name
And you will see
Life's yet to be
He's paid the fee
For you and me
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#66
fib_1618
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Posted 10 July 2005 - 08:11 PM
The markets speak in eloquent tones - with your job to interpret what they're saying - while leaving your emotional biases for others to worry about.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#67
airedale88
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Posted 11 July 2005 - 10:08 AM
the advent of T/A computer programs allows anyone to draw charts with more lines, squiggles, and oscillators than ever before. that's the first mistake anyone attempting to use T/A makes. understand the classic T/A before you worry about 14 different oscillators or other multiple tools.
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#68
Vector
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Posted 11 July 2005 - 01:51 PM
And one regarding stock trading boards:
BEING POPULAR AND BEING RIGHT DONT GO HAND IN HAND
#70
steve
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Posted 12 July 2005 - 02:46 PM
In real estate it's location, location, location.
In trading it's discipline, discipline, discipline.
