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Toward Understanding Left-Handedness-VIDEO

  
Analysis, Education, Video
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Are you left-handed?  You must know someone who is southpaw.  There are all sorts of superstitions around left-handedness.  Is it a curse?  Is it dirty?  Is it a faulty wiring of the brain ?  Are lefties more creative?  More accident prone?  It seems like we know very little about it. This Cool Video from It’s Okay to Be Smart explains some of the latest thinking on why 10% of the population is left-handed and what it means about the brain’s organization.  The video runs about 5.5 minutes, but it is both entertaining and informative. 

Traders Secret Indicator

  
  Education
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The only indicator you need is your OWN analysis and HardWork .
” Trading is simple but its not easy  “
Its requires 1000,s of hours of screen time there are no short cuts  .
This simpleness only becomes apparent once a trader find,s a setup or tool that fits their persona –
Markets are made up of people just like YOU – Find out Who you ARE and what makes you Tick – Once you,ve found it after Hard-work and perseverance only then you will find the Market tick sync with you.

Quotes from :Dr Alexander Elder's best seller Trading For A Living

  
  Education
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Proper money management is essential for successful trading.

A disciplined trader cuts his losses short and outperforms a loser who keeps hanging on and hoping.

As soon as you buy, place a stop-loss order.

Greed and fear destroy traders by clouding their minds. The only way to succeed in trading is to use your intellect.

The goal of a successful trader is to make the best trades. Money is secondary. If this surprises you, think how good professionals in any field operate. Good teachers, doctors, lawyers, farmers and others make money – but they do not count it while they work. If they do, the quality of their work suffers.

Serious traders place stops the moment they enter a trade.

We all like to hope that a trade will succeed – and a stop is a piece of reality that prevents traders from hanging on to empty hope.

Learning to place stops is like learning to drive defensively.

A stop is not a perfect tool but it is the best defensive tool we have.

If You Have to Be Right, Trouble Ahead

  
Education, Video
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“I confess, I think about the future. So do my colleagues. If someone who’s spent decades investing doesn’t have an opinion about what lies ahead, there’s something wrong. I believe our clients want us to apply the benefit of our experience in gauging and reacting to the opportunities and risks that lie ahead.
But I have a mantra on this subject, too: “It’s one thing to have an opinion; it’s something very different to assume it’s right and act on that assumption.” We have views on the future. And they can cause us to “lean” toward offense or defense. Just never so much that for the results to be good, our views have to be right.”
–Howard Marks, Oaktree Capital Management January 10, 2012

Marks is not a technical trend follower, but wise words about not worrying about being right.
The Dead saw it too:
Drivin’ that train
High on cocaine
Casey Jones you better
watch your speed
Trouble ahead
Trouble behind
and you know that notion
just crossed my mind
 
Trouble with you is
The trouble with me
Got two good eyes
but we still don’t see
Come round the bend
You know it’s the end
The fireman screams and
The engine just gleams

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