Sunday, February 19, 2023
Friday, December 02, 2022
Tuesday, November 01, 2022
Saturday, March 19, 2022
Interpretation
To keep experiencing the novelty and freshness of the market, and to keep from being trapped by your preconceptions, it's important to keep distinguishing between the tape and your interpretations of the tape. View as neutral both the events and your inclination to impose your interpretations on them. You enter the market without expectations, surrendering to it rather than struggling with it for personal gain.Ultimately, you are able to fine-tune your responses.
[Trading to Win, Ari Kiev]
Read more...Saturday, March 12, 2022
Self-Examination
I believe that most people are not inclined to look inward, but prefer to live in the land of denial and rationalization. And I take the position that learning the fundamentals of trading success requires much more self-examination. I believe that the more consciousness you bring to this process, the more successful you will be.
[Trading to Win, Ari Kiev]
Read more...Saturday, March 05, 2022
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 de Graaf]
Read more...Saturday, February 26, 2022
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]
Read more...Saturday, February 19, 2022
Mad in Crowds
Men go mad in crowds, but come to their senses slowly, and one by one.
[Charles Mackay]
Read more...Saturday, February 12, 2022
Harmony with Market
Your last trade obviously has nothing to do with the potential that exists in the market at any given moment. When you feel compelled to get back, it puts you in an adversary relationship with the market. The market becomes your opponent, it is you against it, instead of being in harmony with it.
[The Disciplined Trader, Mark Douglas]
Read more...Saturday, February 05, 2022
Right Time 1
People don't seem to grasp easily the fundamentals of stock trading. I have often said that to buy on a rising market is the most comfortable way of buying stocks. Now, the point is not so much to buy as cheap as possible or go short at top prices, but to buy or sell at the right time. When I am bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don't buy long stock on a scale down, I buy on a scale up.
[Reminescences of a stock operator, Edwin LeFevre]
Read more...Saturday, January 29, 2022
Trend 2
In an uptrend, if a higher high is made but fails to carry through, and prices dip below the previous high, the trend is apt to reverse. The converse is true for downtrends.
[Victor Sperandeo(Trader Vic - Methods of a Wall Street Master)]
Read more...Saturday, January 22, 2022
Volatility
Short-term volatility is greatest at turning points and diminishes as a trend becomes established.
[George Soros (Financier, philanthropist, political activist, author and philosopher, b. 1930) ]
Read more...Saturday, January 15, 2022
Bottom 2
I keep hearing Should I buy? Should I buy? When I start hearing Should I sell? that’s the bottom.
[Nick Moore (Portfolio manager,Jurika & Voyles, TheStreet.com Mar. 12, 2001)]
Read more...Saturday, January 08, 2022
Moving Average
It is a buy when the 10-week moving average crosses the 30-week moving average and the slope of both averages is up.
[Victor Sperandeo (Trader VicMethods of a Wall Street Master)]
Read more...Saturday, January 01, 2022
Least Resistance
A man ought not to be led into trading by tokens. He should wait until the tape tells him that the time is ripe. As a matter of fact, millions upon millions of dollars have been lost by men who bought stocks because they looked cheap or sold them because they looked dear. The speculator is not an investor. His object is not to secure a steady return on his money at a good rate of interest, but to profit by either a rise or a fall in the price of whatever he may be speculating in. Therefore the thing to determine is the speculative line of least resistance at the moment of trading; and what he should wait for is the moment when that line defines itself, because that is his signal to get busy.
[Reminescences of a stock operator, Edwin LeFevre]
Read more...Saturday, December 25, 2021
Market Price
The generally accepted view is that markets are always right that is, market prices tend to discount future developments accurately even when it is unclear what those developments are. I start with the opposite point of view. I believe that market prices are always wrong in the sense that they present a biased view of the future.
[George Soros (1987, Financier, philanthropist, political activist, author and philosopher, b. 1930)]
Read more...Saturday, December 18, 2021
Timing
When the strike of a hawk breaks the body of its prey, it is because of timing.
[Sun Tzu]
Read more...Saturday, December 11, 2021
Saturday, December 04, 2021
Energy
We are like tenant farmers chopping down the fence around our house for fuel when we should be using Nature’s inexhaustible sources of energy sun, wind and tide. I’d put my money on the sun and solar energy. What a source of power! I hope we don’t have to wait until oil and coal run out before we tackle that.
[Thomas Alva Edison (1847-1931)]
Read more...Saturday, November 27, 2021
Black Swan
What we call here a Black Swan (and capitalize it) is an event with the following three attributes. First, it is an outlier, as it lies outside the realm of regular expectations, because nothing in the past can convincingly point to its possibility. Second, it carries an extreme impact. Third, in spite of its outlier status, human nature makes us concoct explanations for its occurrence after the fact, making it explainable and predictable.
[Nicholas Nassim Taleb]
Read more...
Subscribe to:
Posts
(
Atom
)
