Sunday, January 30, 2011

Japan 1-0 Australia







Missed chances cost the Soccerros dearly, as Japan's Tadanari Lee (who has Korean descent) scored in the 109th minute in extra time, as Japan lifted their 4th Asia Cup trophy. The goal was spectacular demonstration of tecnical skil, a first time volley from a left wing cross, worthy of winning the Asia Cup final.

As in trading,you don't win them all. Australia came into the final undefeated, having scored 13 goals and conceded just one. Losing is also a fact in football, one just needs to deal with them. To trade and be successful then, one must 'learn to ose money first before going hell bent to win.' In other words, learn to take stop losses....

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"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore Manchester City FCl Crude Palm Oil

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From Dragons and Bulls by Stanley Kroll
Introduction and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system