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The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor. Jesse Livermore The man who can drive himself further once the effort gets painful, is the man who will win. Roger Bannister. Patience: even if you’re good at investing it takes a long time to get … Continue reading

Technical Approach to Trading

As Freud mapped the human psyche, so have Edwards and Magee mapped the human mind and emotions as expressed in the financial markets. Not only did they produce a definitive map, they also produced a methodology for interpreting and profiting from the behavior of men and markets. Few human activities have been so exhaustively studied during the past century, from so many angles and by so many different sorts of people, as has the buying … Continue reading