QUOTATIONS ABOUT TRADING AND PERFECTION
A boring and no trading day on BUND and DOW, some quotations I saw today:
From TaylorTree:
Trading cannot be taught...it has to be caught. By that I mean you must have a perceptive nature. Without it, buy a system and execute it mechanically."
"I've had experience with this problem (self-sabotage). In short, I found if I had a goal that my self-concious believed was not doable, then I'd self-sabotage my trading. Once I realized this and changed my goals, the self-sabotage stopped."
"If you want to remain emotionless during trading, concentrate on the process and let the outcome happen."
From: Daily Speculations:
"I have traded continuously for some 10,000 consecutive days, but never had a single fully satisfactory one. Yesterday was no exception. Among other things I did not get out of all the positions I wanted to at the close, I allocated much too much of my capital to a certain search engine stock powered by executives too smart by half, and I suffered from faintheartedness the previous day when I should have taken out the cane but instead merely used a walker"
"Perfection is an ideal to aspire to; once you make it the standard to live by, you're doomed to be dissatisfied, if not downright unhappy"
daytrading
From TaylorTree:
Trading cannot be taught...it has to be caught. By that I mean you must have a perceptive nature. Without it, buy a system and execute it mechanically."
"I've had experience with this problem (self-sabotage). In short, I found if I had a goal that my self-concious believed was not doable, then I'd self-sabotage my trading. Once I realized this and changed my goals, the self-sabotage stopped."
"If you want to remain emotionless during trading, concentrate on the process and let the outcome happen."
From: Daily Speculations:
"I have traded continuously for some 10,000 consecutive days, but never had a single fully satisfactory one. Yesterday was no exception. Among other things I did not get out of all the positions I wanted to at the close, I allocated much too much of my capital to a certain search engine stock powered by executives too smart by half, and I suffered from faintheartedness the previous day when I should have taken out the cane but instead merely used a walker"
"Perfection is an ideal to aspire to; once you make it the standard to live by, you're doomed to be dissatisfied, if not downright unhappy"
daytrading
posted by Carlo Giuntoni at 5:19 PM
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