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Movie Titles Entirely Appropriate For This Market Moment

Movie Titles Entirely Appropriate For This Market Moment:

Outrageous Fortune

Bubble Boy

Flight of the Phoenix

Against All Odds

Miracle

The Bank Job

The Quick and the Dead

The Comebacks

The Perfect Score

Wild Hogs

The Big Squeeze

The China Syndrome

As Good As It Gets

Wag The Dog

The Fast & The Furious

Fearless

Proof Of Life

Human Nature

Leap Of Faith

Sexy Beast

The Road To Perdition

Unbreakable

Analyze This

Don't Mess With Women

fact-Bottle of Wine
(Women will LOVE this one!)
A woman and a man are involved in a car accident on a snowy, cold Monday morning; it’s a bad one. Both of their cars are totally demolished, but amazingly neither of them is hurt. God works in mysterious ways. After they crawl out of their cars, the man is yelling about women drivers. The woman says, ‘So, you’re a man. That’s interesting. I’m a woman. Wow, just look at our cars! There’s nothing left, but we’re unhurt. This must be a sign from God that we should be friends and live in peace for the rest of our days.’
Flattered, the man replies, ‘Oh yes, I agree completely, this must be a sign from God! But you’re still at fault…women shouldn’t be allowed to drive..’
The woman continues, ‘And look at this, here’s another miracle. My car is completely demolished but this bottle of wine didn’t break. Surely God wants us to drink this wine and celebrate our good fortune.’
She hands the bottle to the man. The man nods his head in agreement, opens it and drinks half the bottle and then hands it back to the woman.
The woman takes the bottle, puts the cap back on and hands it back to the man.
The man asks, ‘Aren’t you having any?’
The woman replies, ‘No. I think I’ll just wait for the police…’

MORAL OF THE STORY:
Don’t mess with women.

Do You want to Win or Lose at Trading?

There are things that make you win in the stock market over the long term and then there are things that make you lose quickly even in the short term. The key to trading success is learning the difference quickly and doing what really works not what you emotions or opinions tell you to do.
If you want to win then you must create your own trading plan and follow it, if you want to lose just trade whatever you want whenever you want based on your own opinion.
If you want to win then you must control your risk carefully with only 1% or 2% of your capital at stake in every individual trade, if you want to lose then just trade huge position sizes, put all your chips on the table.
If you want to win plan your entries and exits before you enter a trade then follow them, if you want to lose ask for everyone’s opinion and just make decisions based on other people.
If you want to win cut your losses short and let your winners run, if you want to lose hold your losers and hope that they come back and sell your winners quickly to lock in gains.
If you want to win trade only the best high quality stocks in the market, if you want to lose trade the junk and hope for a miracle come back.
If you want to win then build complete confidence for your system through chart studies and back testing, if you want to lose trade with no idea of if what you are doing even works.
If you want to win go with the current trend of the market, if you want to lose fight the trend and trade against it.
If you want to win then go long the hottest stocks in a bull market, if you want to lose short the hottest stocks in a bull market.
Do what makes money not what you feel like doing.

Market Wisdom from Bernard Baruch

You don’t read a lot about Bernard Baruchanymore, but his teachings about the market are useful today as they always have been. There are several good books about him including his own“Baruch: My Own Story” which I recommend highly especially for those of you looking for a book to take with you on your summer vacations.

Although I’ve provided several quotes from Bernard Baruch through the years, here are some notes that I’ve taken from reading about him and his market wisdom. Enjoy!

    • Baruch started out as most traders do – i.e. losing lots of money because he lacked the knowledge, experience, & discipline. “You have to lose money in order to better yourself.”
      • Real success in the market takes time and money. Unfortunately “most people view the market as the place where the miracle of great and quick riches can be performed with little effort.”
        • Overtrading and holding too many positions in his early years caused Baruch to go broke many times before he developed the discipline to succeed.
          • A successful speculation is “a man who observes the future and acts before it occurs.” Acting swiftly in the market is important.
            • After losing money from the recommendation of others, Baruch focused himself on the facts. “One must search through a maze of complex and contradictory details to get to the significant facts…..Then he must be able to operate coldly, clearly, and skillfully on the basis of those facts.” The challenge for the successful speculator is “how to disentangle the cold hard facts from the rather warm feelings of the people dealing with the facts.” Moreover, “if you get all the facts, your judgment can be right; if you don’t get all the facts, it can’t be right.” (more…)

            Win or Lose -It's Upto You

            If you want to win then you must create your own trading plan and follow it, if you want to lose just trade whatever you want whenever you want based on your own opinion.

            If you want to win then you must control your risk carefully with only 1% or 2% of your capital at stake in every individual trade, if you want to lose then just trade huge position sizes, put all your chips on the table.

            If you want to win plan your entries and exits before you enter a trade then follow them, if you want to lose ask for everyone’s opinion and just make decisions based on other people.

            If you want to win cut your losses short and let your winners run, if you want to lose hold your losers and hope that they come back and sell your winners quickly to lock in gains.

            If you want to win trade only the best high quality stocks in the market, if you want to lose trade the junk and hope for a miracle come back.

            If you want to win then build complete confidence for your system through chart studies and back testing, if you want to lose trade with no idea of if what you are doing even works.

            If you want to win go with the current trend of the market, if you want to lose fight the trend and trade against it.

            If you want to win then go long the hottest stocks in a bull market, if you want to lose short the hottest stocks in a bull market.

            Do what makes money not what you feel like doing.

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