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Even if you are an expert who spends 24 hours a day keeping an eye on all the fundamental developments that can influence the market, the reliability of your forecasts will still be relative. Carl William Brown A fool sees not the same tree that a wise man sees. William Blake Experienced traders control risk, inexperienced traders chase gains. Alan Farley The answer to successful trading cannot be found in any coach, book, or system. … Continue reading

The 10 Golden Rules of Trading by Paul King

There are a million ways to make money in the markets. The irony is that they are all very difficult to find. Jack D. Schwager I think investment psychology is by far the more important element, followed by risk control, with the least important consideration being the question of where you buy and sell. Tom Basso The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can … Continue reading