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

Friday, September 04, 2009

Know

“Every moment in the market is unique….and you don’t need to know what is going to happen next to make money.”----Mr. Mark Douglas of Trading in the Zone
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Reflexivity

“The process is fundamentally different from the processes that are studied by natural science. There, one set of facts follows another without any interference from thoughts or perceptions (although quantum physics introduces uncertainty). When a situation has thinking participants, the sequence of events does not lead directly from one set of facts to the next; rather, it connects facts to perceptions and perceptions to facts in a shoelace pattern. Thus, the concept of reflexivity yields a ‘shoelace” theory of history.”
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Mind

The mind of the past is ungraspable; the mind of the future is ungraspable; the mind of the present is ungraspable. - Diamond Sutra
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