Thursday, March 16, 2017

Last year around mid 2016, an experienced trader and a novice were commenting "Wh would you be in the stock market when you can meke tons of $ from futures?" Loosely translated, "We don't have the capital needed to play the stock market"

In trading/investing, we are just accountable to ourselves, nothing is right or wrong only what works. Traders who make statements such as the above are not only naive but fail to see the wood for the trees, notwithstanding the fact that they don't have much capital, despite "making tons of money..."


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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


From Dragons and Bulls by Stanley Kroll
Intro 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/a>
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
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system