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 the market's hidden energy to be a master trader.
A low-risk, high-return trade is a trade that is aligned with fundamentals and opposite the current market peak emotion.
----------------------------------------------------------------------Jimmy Chow
Thursday, November 02, 2006
Loss
A bad loss feels like a nasty comment— most people just want to cover up, walk away, and never be seen again. Hiding doesn’t solve anything. Use the pain of a loss to turn yourself into a disciplined winner.----Dr. Alexander Elder
Personally, the lessons for loss are usually the ones that I remember the most. The lost stay with you to a certain degree it will be easily recollected next time one is in the same situation.
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Personally, the lessons for loss are usually the ones that I remember the most. The lost stay with you to a certain degree it will be easily recollected next time one is in the same situation.
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