Monday, July 11, 2011




My observation of the traders here. Basically they are an egostistic bunch, who think their point ov view and approach to the markets are the only way and all others are wrong. Granted they are very successful and can make the profits, but they have one bad habit that no matter how many thousands of dollars they make, they are so foul mouthed and swear incessantly at the market, when the market goes even the one tick at their trading position. At the end of the day what happens, they still end up having an overall profit. But their attitude and swearing makes them feel like shit at the end of the trading day, feeling like a LOSER even when they make profits. Always approach the market objectively and rationally, then profits are enjoyed more, as a WINNER!

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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