Lessons from Mister Rogers (GigaOm)
Footnotes to success (Stephen J. Cannell)
What is the path to success? (Market Folly)
Five mistakes everyone should make (CNN)
The simple joys of smaller living (Zen Habits)
Popular job interview questions (AOL)
The top 25 schools whose grads were top rated by recruiters (WSJ)
The most recession proof city in America (The Atlantic)
Absolutely true nirvana – an email inbox with nothing in it (AVC)
How to cope with email overload (Reuters)
The five best fax services (LifeHacker)
Five ways to waste your time, focus & life (The Positivity Blog)
How to improve your patience (The Positivity Blog)
Above articles Just I had read in last 2 days ….Yes u too can click these links and enjoy.
Latest Posts
rssYour Job as a Trader
Life Wisdom
Art Huprich’s Market Truisms and Axioms
Raymond James’ P. Arthur Huprich published a terrific list of rules . Other than commandment #1, they are in no particular order:
• Commandment #1: “Thou Shall Not Trade Against the Trend.”
• Portfolios heavy with underperforming stocks rarely outperform the stock market!
• There is nothing new on Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again, mostly due to human nature.
• Sell when you can, not when you have to.
• Bulls make money, bears make money, and “pigs” get slaughtered.
• We can’t control the stock market. The very best we can do is to try to understand what the stock market is trying to tell us.
• Understanding mass psychology is just as important as understanding fundamentals and economics.
• Learn to take losses quickly, don’t expect to be right all the time, and learn from your mistakes.
• Don’t think you can consistently buy at the bottom or sell at the top. This can rarely be consistently done.
• When trading, remain objective. Don’t have a preconceived idea or prejudice. Said another way, “the great names in Trading all have the same trait: An ability to shift on a dime when the shifting time comes.” (more…)
Character is how you treat those who can do nothing for you.
A Merry Christmas Card from America's Oil and Gas Industry
Hitler angry at the iPad
He dreamt of this day when the iPad gets unveiled and will sell like hotcakes, but he’s very disappointed.
Two Steps to Consistent Profits
1. Work on yourself and your personal issues so that they don’t get in the way of your trading. This step must be accomplished first; otherwise, it would interfere with each of the other steps.
2. Thoroughly understand your objectives and develop a position sizing strategy to meet those objectives. Probably less than 10% of all traders and investors understand how important position sizing is to trading performance and even fewer understand that it is through position sizing that you meet your objectives.