Trading Maxims/Quotes

"There is an irony in trading of both price and time. It is exactly what you have to give of yourself in order to trade it with understanding." --- Rogue Trader --- Elite 2002
 
"There are only two types of traders, "Long Lived" and "Short Lived." Both know the markets well. The "Longed Lived" just choose to know "Themselves" better." --- Rogue Trader --- Elite 2002
 
NASDAQ and NYSE,TRADING by numbers [mr.Goldmans company]..............For example 100k account,,,1k risk ,,QLGC,,,average trading range$=$3,,x330shares==about 1k risk........................[2]Trading NYSE,with example of $ oo.75 average trading range [ about , t hat is average difference between daily high, low,with gaps]=.75x1300=about1k risk......................................from the excellant, free,trading desk newsletter,Schwager,DR, V Tharp [ 3] yamner.com [that is the free trading desk news letter address that Mark wrote thru] [4]Noticed that the top traders[Schwager]mentioned as a percentage of risk 1-5,or 7%,approximately but did not mention exact timeframe [5]personal opinion,pays to be conservative,but like Mr,Goldberg[best seller,N Y T]warned media pokes fun,calls you mean nicknames-----------------------------
 
Here is some evidence it pays to be helpful,even a note of exhortation-----------------------------''We are looking forward to providing these two precious youngsters with state -of the- art-medical care......................''Sue Spielburg quote,Chabad's Children of Chernobyl: ''cool: Used a multitude of indicators here,including Mike Bloomberg knows how to rea d a line chart[3] both groups in NY,NY [something like this in one of my top trading books,but we learned that as kids-''mind of Solomon''
 
" there are generally four types of traders in the markets:
Bulls, Bears, Sheep, and Pigs. The first two make profits, the last two get slaughtered."

unknown


Josh
 
Win in the end ,by every friday if possible.................''Dont need to know everything.As long as they understand something better than others,they have an edge''George Soros-Stock Traders Almanac:cool:
 
''Bar[chart]intervals shorter than 5 minutes have more noise...............................''DR. Dennis Meyers,PHD,writing in Active Trader mag,3/02.:cool: Answering the question-''Is there a reason why 5 minute bars[trigger time on charts]are preferable to 1 minute.?................................''[brackets include help,but not actually in original sentence.]
 
Spoon Boy & The Matrix...

Do not try to bend the spoon; for that would be rediculous, instead try to realize the truth...

What truth?

There is no spoon...

There is no spoon?

Then you'll see, that it is not the spoon that bends, it is only yourself...
 
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