Emotion Pendulum - Greed Or Fear ?

Emotion Pendulum - Greed Or Fear ?

My Trading Quotes

The best trading method is to take advantage of the crowd's greed and fear.

One must be able to read the current level of market's hidden energy to be a master trader.

A low risk high return trade is the trade that aligns with fundamental and is opposite the current market emotion.


-----Jimmy Chow

Saturday, March 22, 2014

12 Laws Of Significance

  1. Practice obedience instead of free will agency.
  2. Exercise perseverance instead of patience.
  3. Proactively stretch instead of change.
  4. Trust predictability instead of hope and faith.
  5. Know the whole truth instead of believing what you think.
  6. Focus on winning instead of team.
  7. Do right instead of seeking to be best.
  8. Experience harmony instead of forcing balance.
  9. Accept others instead of jugging them.
  10. Love and be needed instead of romanced and used.
  11. Establish covenants instead of making commitments.
  12. Forgive instead of apologize.
------Dan Clark , The Art  of Significance.

Note : Are you practice these laws to be a Significance Trader ?

Sunday, February 23, 2014

Desires

Our desires dictate our priorities, priorities shape our choices, and choices determine our actions. What is your trading desires ?-----Jimmy Chow

Saturday, August 24, 2013

Trading Like A Camera

Life is like a camera...
Focus on what's important,
Capture the good times,
Develop from the negatives,
And if things don't work out,
Take another shot-----Jeffrey Slayter

Note: Same as trading...

Saturday, June 22, 2013

Thoughts

If you change your thoughts, you will change your emotions. If you change your emotions, you will change your actions. And if you change your actions, you will change your results.-------- Author of the book " The Power Of Consistency "

Start Thinking

When you start thinking like a success, you start feeling like a success. When you start feeling like a success, you start acting like a success. When you start acting like a success, you start creating  successful results. And next thing you know, you are living your dream.----Weldon Long : Author of the book " The Power Of Consistency "

Saturday, December 24, 2011

Cyclical

Two rules for investing/trading :
Rule number one : most things will prove to be cyclical
Rule number two : some of the greatest opportunities for gain and loss come when other people forget rule number one
------Howard Marks

Saturday, November 12, 2011

True

Panics do not destroy capital—they merely reveal the extent to which it has previously been
destroyed by its betrayal in hopelessly unproductive works.-----Michael W. Covel

Basic

If you must play, decide upon three things at the start: the rules of the game,
the stakes, and quitting time------Michael W. Covel