Latest Posts

rss

Trading Thoughts

  
  Education


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

Contrary

The master trader trades from a perspective of rationality, knowledge, and skill— not from an emotional or defensive perspective, not in order to feel “complete” or “excited.” To succeed at trading you have to be willing to do things contrary to human nature. You need to hold on to or get bigger in winning trades and get out of losing trades faster
Go to top