1. Take your time.
2. Trade and think small.
3. Pay your tuition of trading.
4. Learn from every mistake.
5. Let experience be your teacher
6. Make sure you have enough money to last.
7. Preserve precious capital (PPC)
8. Keep a journal.
9. Review your trades constantly.
10. Be committed.
11. Enjoy yourself
Archives of “Education” tag
rssAmazing Video Shows How Beautifully Math Translates Into Life
Mathematics has changed the course of human history countless times. It’s easy to forget how much of what we see every day can be described by a series of symbols and relationships.
A video titled “Beauty of Mathematics”from Yann Pineill and Nicolas Lefaucheux shows exactly how true that is. On the left, you see the equation itself, in the middle, a diagram of what’s happening in real time, and on the right, how things look in the real world.
It shows how math reveals everything from the very simple – like how probability determines how likely it is that you’ll roll a two and a four during a game of backgammon.
Mathematics can derive the equations of motion that can model a spinning top – how fast it needs to go, and the topping point for when it will wobble out of control:
The video opens with a quote from Bertrand Russell that just about sums things up:
“Mathematics, rightly viewed, possesses not only truth, but supreme beauty – a beauty cold and austere, without the gorgeous trappings of painting or music.”
Success = Easy + Hard
The easy includes
passing the exam to become a licensed realtor
getting a degree
putting together a business plan
having an idea (that will change the world)
keeping your job (or getting a job in better times)
taking lessons to improve your golf handicap (more…)
Perseverance is one of the Best Traits to Have When Trend Following!
It is never easy…and those that promise you that are not telling you the truth.
Perseverance is one of the Best Traits to Have When Trend Following!
Trend following is a marathon. There will always be those that say it is over!
It takes losses in the stock market to make future great traders and learning from mistakes is one of the best teachers.
Have a trading plan….and more importantly…Make sure you follow your own rules!
11-Rules For Being Human
1. You Will Receive A Body You may like it or hate it, but it will be yours for the entire period this time around.
2. You Will Learn Lessons
You are enrolled in a full-time informal school called Life. Each day in this school, you will have the opportunity to learn lessons – you may like the lesson or think them irrelevant and stupid.
3. There Are No Mistakes, Only Lessons
There is a process of trial and error; experimentation. The ‘failed’ experiments are as much a part of the process as the experiment that ultimately ‘works’.
4. A Lesson Is Repeated Until It Is Learned
A lesson will be presented to you in various forms until you have learned it. When you have learned it, you can go on to the next lesson.
5. Learning Lessons Does Not End.
There is no part of Life that does not contain its lessons. If you are alive, there are lessons to be learned.
6. ‘There’ Is No Better Than ‘here’.
When your ‘there’ has become a ‘here’, you will simply obtain another ‘there’ that will again look better than ‘here’. (more…)