Sunday, April 28, 2013


How you think is how you trade.
Poignant words. We are in the midst of a bullish phase in equities, but the reality is that 99% of traders or the general are sidelined with not a single share of any stock. This resulted from a defeatist attitude of hunkering down for the Crisis of crisis ahead. Even top traders are missing out all having the wrong mindset brought about by an ego trip to satisfy some sort of void in their self esteem. Maybe it is due to churning volume day after day to satisfy the exchanges imposed volume quota to qualify for scratch and day trade rebates. They miss the wood for the trees.

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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