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, September 20, 2008

Getting Better

These are both very, very healthy. Studies (see Waitzkin, Art of Learning) have shown that learners who learn for the sake of getting better continue to learn and progress but that when a learner focuses on winning, they become fragile, eventually reaching a place where they stop improving because they are afraid of losing.

Strength

Strength does not come from winning. Your struggles develop your strengths. When you go through hardships and decide not to surrender, that is strength.----Arnold Schwarzenegger,