Gil Blake has a routine of internalizing how he would feel given what might happen on the next trading day in The New Market Wizards: Conversations with America’s Top Traders. My approach is to confront losses even before they materialize. I rehearse the process of losing. Whenever I take a position, I like to imagine […]
Rant
STOP! Wait Wait…Somethin’ is goin wrong here
STOP! Somethin’ is wrong here.. Though I thought of writing this in my monthly review later, I just can’t help thinking of the cause/reason of my mediocre March performance. OK, I am not losing any penny, instead, I am just having a FLAT month with a whopping 0.9 R profit to date. The months-long flu […]
Quote from Felix Dennis
Quote from an interesting article If you want to be rich, first stop being so frightened If you are unwilling to fail, sometimes publicly, and even catastrophically, you stand little chance of ever getting rich. If you care what the neighbours think, you will never get rich. If you cannot bear the thought of causing […]
Quote from Mark Weinstein
Mark Weinstein have some advices for the beginning trader in Market Wizards: Interviews with Top Traders. You have to learn how to lose; it is more important than learning how to win. If you think you are always going to be a winner, when you lose, you will develop feelings of hostility and end up […]
Weekend delight
I try to avoid posting non-trading stuffs. But, I am just too happy now. We, Manchester United only need 10 men to beat Liverpool at home! ๐ And, he is the man of the match, one of the best goal keeper in the world. Edward Van der Sar .
New Look – A superstitious reason
Another big change of this site again. I have spent some time to revamp the layout. I do this with a simple and superstitious reason. Green is my lucky colour for the year of PIG. Yeah, I am superstitious. Most of successful businessmen in Asia do. Why not? ๐ After all, green is a healthy […]