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Saturday, 17 January 2015

FOOD FOR THOUGHT

Some Time Tested Classic Trading thoughts

1 Plan your trades. Trade your plan.

2 Keep records of your trading results,trading journal is the best syllabus for trading .

3 Successful traders have a well-scheduled planned time for studying the markets.

4 Successful traders isolate themselves from the opinions of others.

5 Continually strive for patience, perseverance, determination, and rational action

6  Think stop -entry -exit  not  entry- stop -exit.

7 Enter close to the stop ,dont place the stop close to the entry.

8 You must have a program, you must know your program, and you must follow your program.

9 The key to successful trading is knowing yourself and your stress point and risk tolerance

10 Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success.

11 Dream big dreams and think tall. Very few people set goals too high. A man becomes what he thinks about all day long

12 If you don’t know who you are, the markets are an expensive place to find out, first know who ur.

13 When the ship starts to sink, don’t pray – jump!

14 A fantastic sentence written on every Japanese bus stop.
    Only buses will stop here – Not your time So
    Keep walking towards your goal

17 Negative Thinkers focus on Problems
     Positive thinkers focus on result

18  Success consists of going from failure to failure without loss of enthusiasm."

19  It is not enough to have a good mind. The main thing is to use it well." - Rene Descartes

20  Experience is simply the name we give for our mistakes .