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

Saturday, May 10, 2008

Limits

A really important hurdle to becoming a complete trader is learning to identify and accept your own limits. There are limits to how frequently you should trade, how much money you should place at risk, how many different stocks or commodities you should invest in, how many technical indicators you should use, and so on.---Hank Pruden

1 comment:

Unknown said...

ya that is absolutely right in the market.......

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