Friday, September 18, 2009

Want to succeed in trading? Do Not Quit!

If you want to succeed in trading, don’t quit. Others will say quit. Screw them. If you want to be a trader, the best strategy for being a trader is: Don’t Quit.

Even if you lose your money. It’s the tuition you didn’t spend on a Masters, if you choose to learn the lessons. Get some kind of system down. Dont’ make it the best cause it’s not what will make you great. Its part of the equation. My final point is, if you want to be a trader, if you are a trader, then you don’t quit learning.

Trade at a level that you can learn at. Trade at the level where you see the market and can see what its telling you moment to moment. When you do this, you will be in the zone occasionally. You will know it.

I don’t agree that your rules have to be science, but you need to listen to your rules. Not doing so will show you the bad feelings of losing big. Perhaps you need to feel those feelings of losing big. What’s the message? You will lose big until you experience that and learn.

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