I became a winning trader when I was able to say,
"To hell with my ego (when I'm wrong), making money is more important."
"Every winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials are like three legs of a stool - remove one and the stool will fall, together with the person who sits on it. "
"Don't call the market a bull or a bear --it can switch-- just ride the trend"
"When all the experts and forecasts agree – something else is going to happen."
“Markets can remain illogical longer than you or I can remain solvent,”
Dr. A. Gary Shilling
"Time is your friend; impulse is your enemy"
John (Jack) Bogle
"Simplicity in trading demonstrates wisdom. Complexity is the sign of inexperience."
“You cannot teach a man anything; you can only help him to find it within himself.”
"A whole lot of bulls make a bear"
Foreign currency trading is probably one of the most sure-fire methods to generate income nowadays. The system of Futures trading within the share market has been a pioneer in the class of earning swift currency by predicting trends and movements. And today it has the forex or currency exchange market for company. Now, there’s a reminder in the beginning: It’s probable that one might stand to lose just as much as they stand to gain out there, and a gain, unless locked in moments after achieved, can turn to a loss. While it’s an error to perceive the FX market being a one-track golden-egg-laying hen, it is true that there are several advantages available from it. Below are described a number of those benefits:
It is extremely liquid: the foreign exchange market is incredibly liquid in regards to cash, and it also usually remains so for 24-hours a day, unlike the share market; which means that huge volumes of currency can…Continue