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 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, January 24, 2008

Freedom To Create

I learned that the markets offer the trader an opportunity to profit from price movement, and these opportunities are basically in perpetual motion. It is an environment where the individual has the freedom to create his own results, unimpeded by many of the constraints that exist in everyday social life. These never ending opportunities make the market a perfect mirror of the trader's attitude. What the trader sees in that movement and what he can do about it the markets have no control over. All the choices and all the power to turn these choices into experience reside in the mind of each trader.----The Disciplined Trader,Mark Douglas

Friday, January 18, 2008

Panics

Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works.--- John Stuart Mill, 1867

Monday, January 14, 2008

Being Wrong

Contrary to what 99 percent of the investment population thinks, trading is not about being right. Being right is easy. Trading is about being wrong; and navigating this inevitable occurrence distinguishes the winners from the losers in the long run.--Jeff deGraaf

Thursday, January 10, 2008

Trading To Win

"Trading to win" means surrendering to the moment without trying to control it. It means to let go of fixed preconceptions about what you must do, and to liberate your self-conscious sense of self and selfprotective thoughts, which color the way you experience life and the market. When you can do this, you are in the here and now of your trading, and can bring your maximum potential to bear on the tasks before you.----Trading to Win, Ari Kiev

Friday, January 04, 2008

Mad In Crowds

Men go mad in crowds, but come to their senses slowly, and one by one.----Charles Mackay

Tuesday, January 01, 2008

Limit

I think it's much too early to tell.I think all we are learned is what we already knew, is that stocks have become like commodities, regrettably, and they go up to limit and they go down to limit.And we are also known over the years that when they go down, they go down faster than they go up.----Leon Cooperman