Just Because You Can Pull The Trigger Does Not Make You A Good Shot
Knowing where, when, why and how to shoot makes all the difference. Trading is no different! "A vote (choice) is like a rifle: its usefulness depends upon the character of the user." -Theodore Roosevelt an Autobiography, 1913
November 7th, 2008Face the Fear And Do It Anyway!
Early on the biggest frustration that I had personally as a trader was getting caught up in the fear of losing a trade. It use to eat me up inside almost to the point of mental paralysis. Once in this mind set it would keep me out of a trade that was good and keep [...]
November 6th, 2008Hedging: A Cool Newsletter
This is a cool newsletter about hedging. This is the same way we feel. Thought you would like it also. Question of the Month: What is hedging, Rob? How can it get me closer to my dreams of poverty? The GotForex Weekly Newsletter by Rob Booker If you like to lose money, but you [...]
November 5th, 2008Chasing the Illusive Moby Dick!
What I have seen that is a problem in this day and age and especially in the trading world is the addictive pattern many find themselves in called “chasing Moby Dick”. This is a plague that gets more people in trouble than any other trading challenge. The signs are as follows. The trader is eager [...]
November 4th, 2008Be A Doer-Trade Well!
"It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs [...]
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