Archives of “absence of fear” tag

rss

Courage Quotes

  
Education, Life
#  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #

Courage is resistance to fear, mastery of fear – not absence of fear.
– Mark Twain

Courage doesn’t always roar.
Sometimes courage is the quiet voice
at the end of the day saying,
“I will try again tomorrow.”
– Mary Anne Radmacher

Loving is the most unmitigated and courageous act I perform in a day.
– Mary Anne Radmacher

Life shrinks or expands in proportion to one’s courage.
– Anais Nin

Actions speak louder than words.
– Anonymous

Courage is doing what you’re afraid to do. There can be no courage unless you’re scared.
– Eddie Rickenbacker

Do or do not, there is no try.
– Yoda (Star Wars movie)

It is curious – curious that physical courage should be so common in the world, and moral courage so rare.
– Mark Twain

Winners never quit and quitters never win!
– Vince Lombardi

Courage is the power to let go of the familiar.
– Raymond Lindquist

The opposite of courage in our society is not cowardice, it is conformity.
– Rollo May

You must do the things you think you cannot do.
– Eleanor Roosevelt

With courage you will dare to take risks, have the strength to be compassionate, and the wisdom to be humble. Courage is the foundation of integrity.
– Keshavan Nair

Courage is not always about action, and it doesn’t always involve danger, but courage is always doing what is right.
– Jonathan Lockwood Huie

Affirmation: I Act with Bold Courage – Taking inspiration from the powerful vision of my future, I boldly set sail with courage and intent. I hold my course with focused attention and relentless commitment, as I weather the storms of life.
– Jonathan Lockwood Huie

Book Review : The Disciplined Trader by Mark Douglas

  
  Education
#  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #

 This is one heck of a slow read. Douglas dangles a carrot in front of you each chapter saying ” I will show you how to do this”; but never actually does! I thought there was quite a bit of carry over between this book and “Trading in the Zone”, so by one or the other but on the whole I would say Trading in the Zone would be the one to plump for as there are more trading references. In The Disciplined Trader Douglas does go off on a tangent for many pages and you wonder whether you are reading a book on amateur psychology.

The first 5 Chapters read well with some nice takeaways even in the Intro and Preface. Such as defining Self Confidence as “an absence of fear and self-trust”. I think we all know what he means ny that definition don’t we ?!

Chapters 6 thru to 14 were laboured in my view. Where the depth of Douglas’ attempt to describe the mental state of the trader really was a little abstract at times and to be honest lost me.

For me the best bit of the book was his penultimate chapter on the Steps for Success :

1)Stay focussed on what you need to learn

2)Deal with Losses

  • Predefine the loss at time of trade is vital
  • Execute them immediately on their occurence

3)Become an expect at just one market behaviour

4) Learn how to execute your trading system flawlessly

5) Learn to think in Probabilities

6) Learn to be Objective

  • You feel no Pressure to do anything
  • You have no feelings of fear
  • You have no sense of rejection
  • There is no right or wrong
  • You recognise what the market is telling you and you know what you have to do
  • You can observe the market from the perspective of not being in a position even when you are.
  • You are not focussed on money but the structure of the market

7) Learn to Monitor yourself

So if you can borrow this from a friend, download it as an e-book cheaply or get a 2nd hand one on ebay for the beginning third and last 2 chapters – it’s worth it.

Must Read…….!!

Go to top