Don’t let the outcome of one trade alter your trading discipline. One trade doesn’t make a system. – Vadym Graifer & Christopher Schumacher Embed This Image In Your Site (copy code below): Vadym Graifer on Discipline by DaytradingBias.com
Economics is in many respects the queen of the soft sciences. It’s expected to be better than the rest. It’s my view that economics is better at the multi-disciplinary stuff ...
If you really know what's going on, you don't even have to know what's going on to know what's going on... You can ignore the headlines because you anticipated them ...
Take home runs when you can, but don’t beat yourself up about missing a few. One trade should never make or break your account.
- Vadym Graifer & Christopher Schumacher
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Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.
- Ed Seykota
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Beware of large positions that can control your emotions. Don’t be overly aggressive with the market. Treat it gently by allowing your equity to grow steadily rather than in bursts.
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Stress is literally kryptonite to traders. Stress disrupts their equilibrium and affects their decision-making. Anything we can do to minimize the “yips” will flow directly to the bottom-line.
- Gatis ...
Losses can either be lost money, or tuition in the school of trading.
- Mark Moskowitz
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Mark Moskowitz on Losses by DaytradingBias.com
The question isn’t “Is the market efficient?” but rather “How inefficient is the market?” and “How can we exploit this?”
- Edward Thorp
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Successful investing is anticipating the anticipations of others.
- John Maynard Keynes
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John Maynard Keynes on Anticipation by DaytradingBias.com