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Casual Articles - My Ten Commandments of Trading - Part I
Putting everything in perspective, grouping a bunch of words to make up a sensible article or content to be viewed by millions of people over the web has somewhat deteriorated, mostly because people are after revenue rather than knowledge. This has been the prac
4. Survival of the fittest. In other words, to survive, you must adapt. There is a time to be long and a time to be short. There’s a time to take risk and a time to avoid risk. Know which is which. Times and conditions change and you must do the same if you wish to survive to play another day.
5. Patience is a virtue. As a trader, you need patience. You don’t h
Don’t you love the medical dramas on TV…You know - the ones where doctor’s dash around telling nurses to do “tox screens” and get the “blood gas” and the patients are connected to the latest in plasma screened computers which show their “vit
As a trader, I’ve learned a lot over the past 25 years. If the commandments were for all mankind, then why not have a few for traders as well. Here are my ten commandments of trading. We’ll look at the first 5 today and the other 5 in just a few days.
1. Discipline counts. As a former officer in the Marine Corps, the most likely place for me to start is with discipline. Pros have it – amateurs don’t. Traders who lack discipline are reckless and soon looking for another vocation. You must guard your trading capital as if your life depended on it – because it does.
2. Show no emotions. There’s no crying in baseball and there is no crying on the trading desk. Decisions are made based on “what is” not “what if”. Decisions made from the emotional point of view are flawed and you must steer clear of them at all costs.
3. Don’t follow the crowd. See what everyone else is doing and do the opposite. I like to be the first one at a party and the first one to leave. Why? The food is fresher and the idiots haven’t ruined it for everyone. What I want to do is to fade hope, buy despair and know where the exit is. It’s the first law of the jungle – if you don’t know who lunch is – it’s you.
4. Survival of the fittest. In other words, to survive, you must adapt. There is a time to be long and a time to be short. There’s a time to take risk and a time to avoid risk. Know which is which. Times and conditions change and you must do the same if you wish to survive to play another day.
5. Patience is a virtue. As a trader, you need patience. You don’t ha
When you have a small financial need to cover but your credit rating is not convincing, banks may not be the best friend in need. An alternative financial resource you can look up is bad credit payday loans, which generally provide you instant cash with no fax r
1. Discipline counts. As a former officer in the Marine Corps, the most likely place for me to start is with discipline. Pros have it – amateurs don’t. Traders who lack discipline are reckless and soon looking for another vocation. You must guard your trading capital as if your life depended on it – because it does.
2. Show no emotions. There’s no crying in baseball and there is no crying on the trading desk. Decisions are made based on “what is” not “what if”. Decisions made from the emotional point of view are flawed and you must steer clear of them at all costs.
3. Don’t follow the crowd. See what everyone else is doing and do the opposite. I like to be the first one at a party and the first one to leave. Why? The food is fresher and the idiots haven’t ruined it for everyone. What I want to do is to fade hope, buy despair and know where the exit is. It’s the first law of the jungle – if you don’t know who lunch is – it’s you.
4. Survival of the fittest. In other words, to survive, you must adapt. There is a time to be long and a time to be short. There’s a time to take risk and a time to avoid risk. Know which is which. Times and conditions change and you must do the same if you wish to survive to play another day.
5. Patience is a virtue. As a trader, you need patience. You don’t h
Did you know that it’s possible to make money from the value of your home? If you’re a homeowner and you’re paying high interest rates, you know how difficult balancing your checkbook can be. In the current economy, it often seems like prices just keep going up.
2. Show no emotions. There’s no crying in baseball and there is no crying on the trading desk. Decisions are made based on “what is” not “what if”. Decisions made from the emotional point of view are flawed and you must steer clear of them at all costs.
3. Don’t follow the crowd. See what everyone else is doing and do the opposite. I like to be the first one at a party and the first one to leave. Why? The food is fresher and the idiots haven’t ruined it for everyone. What I want to do is to fade hope, buy despair and know where the exit is. It’s the first law of the jungle – if you don’t know who lunch is – it’s you.
4. Survival of the fittest. In other words, to survive, you must adapt. There is a time to be long and a time to be short. There’s a time to take risk and a time to avoid risk. Know which is which. Times and conditions change and you must do the same if you wish to survive to play another day.
5. Patience is a virtue. As a trader, you need patience. You don’t h
The following paragraphs summarize the work of autoresponder experts who are completely familiar with all the aspects of autoresponder. Heed their advice to avoid any autoresponder surprises.An interested visitor who has been strolling through your site h
3. Don’t follow the crowd. See what everyone else is doing and do the opposite. I like to be the first one at a party and the first one to leave. Why? The food is fresher and the idiots haven’t ruined it for everyone. What I want to do is to fade hope, buy despair and know where the exit is. It’s the first law of the jungle – if you don’t know who lunch is – it’s you.
4. Survival of the fittest. In other words, to survive, you must adapt. There is a time to be long and a time to be short. There’s a time to take risk and a time to avoid risk. Know which is which. Times and conditions change and you must do the same if you wish to survive to play another day.
5. Patience is a virtue. As a trader, you need patience. You don’t h
What happens when control of your nonprofit's message (frankly, always an illusion) passes from your organization, and the traditional media, to your audiences? Well you better figure it out quick, because it's happening right now.Every nonprofit I know h
4. Survival of the fittest. In other words, to survive, you must adapt. There is a time to be long and a time to be short. There’s a time to take risk and a time to avoid risk. Know which is which. Times and conditions change and you must do the same if you wish to survive to play another day.
5. Patience is a virtue. As a trader, you need patience. You don’t have to swing at every pitch, but when you get your pitch, you better swing. Be patient and pick your spots. The trades that are right for you will find you.
In my next article, we’ll at the next 5.
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