Tuesday, July 28, 2015

self talk

: to be a good trading student, one has to acknowledge and nail every problem, only then he or she can even think of overcoming it ever, failing which his or her fate is sealed notwithstanding the prayers and emotional outbursts.....self talk

: if market gives up yesterday's all gains how will we explain yesterday's "robust" rise and the pain we inflicted upon ourselves.....what I want to say is that we read too much into things and hence get "influenced".....
: we must not be a typical docile and coward.....explaining and justifying every move of the perpetrator......self talk
: which aren't, most of the times
: we should have faith in our view
: flexible to developments, but rigid to our own understanding
: if our opponent bluffs, do we have the guts to raise the stake?......obviously depends on our confidence on bluff detection and safety backup....self talk
: heat and pressure of the market is essential for the cooking of the raw trader....self talk
: don't burn, get cooked
: operators don't criticize non performer governments, they short the markets.....self talk
: I would worry a bit if the market had any third option than moving up or down....fortunately it has only two possibilities and that is a big relief besides giving an outright 50 percent minimum chance of winning unless I vibrate a lot.....self talk
: all I have to do is have patience and implement ways to increase that percentage....trading is the best business and gambling in the world......self talk
: even a stopped clock is right twice a day.....even a wrong trader is right 50% times.....only a hardworking trader can lose more!!!

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