here, ill give you some new people to insult..
"Now, I am not suggesting that we dont need some form of market analysis or methodology to define opportunities and allow us to recognize them; we certainly do. However, market analysis is not the path to consistent results. It will not solve the trading problems created by lack of confidence, lack of discipline, or improper focus.
When you operate from the assumption that more or better analysis will create consistency, you will be driven to gather as many market variables as possible into your trading arsenal of trading tools. But what happens then? You are still disappointed and betrayed by the markets time and again, because of something you didn't see or give enough consideration to. It will feel like you can't trust the markets; but the reality is, you can't trust yourself." - Mark Douglas author of Trading in the Zone
"So winning trades are due largely to the power of positive thinking?
..Focus and concentration are critical...When im not doing well, one thing that helps me out of my rut is I get smaller and take one trade at a time. I try to get the pendulum back in my direction, looking to make just one winning trade. When you get frustrated, you need to take a step back....I trade smaller positions, and I take my profits. Then I'm not losing money anymore, I'm making it." -Randy Guttenberg, interview taken from Electronic Day Traders Secrets
"After practicing psychiatry for many years, I became convinced that most failures in life are due to self-sabotage. We fail in our professional, personal, and business affairs not because of stupidity or incompetence, but to fulfill an unconscious wish to fail... ..You need to be aware of your tendency to sabotage yourself."-Dr. Alexander Elder, author of Trading for a Living
"It is naturally very difficult to press forward in the face of frequent trading losses and failures. It is even tougher to see or accept the notion that in the midst of these losses, progress and growth as a trader are taking place underneath. But just like the flower that first grows below the surface before it shows its splendor to the world above, traders first develop from within. Their outer circumstances and P&L statements may seem in dire straits for a time, but all the while, hidden underneath, the wheels of progress are busily at work. But it must be known that this wonderful event only takes place for traders who properly handle this period. This law of hidden progress only works for traders who are determined to rise each time they fall, who face each successive challenge with ever increasing resolve. Those who learn to do this will find, often times in retrospect, that the purpose of every lost round in their fight against failure is to help them prepare for the next. That every seeming knockout is only a knock down, is only to show them that the greatest act one can accomplis is to rise after every fall."-Oliver Velez, author The Master Day Trader
-qwik