Saturday, July 2, 2011

judgment day

be it the selection of stock

be it the entry point

or the exit point

be it the trade size....

everything related to the trades we take

is dictated by the pressures all around us.

sudden volume surge....

conflicting expert opinions.......

peer pressure........

euphoria.....

panic.....

logics...

etc.

everything

except

our own judgement.

--

result is in front of us.

--

fortunately

here is a sane advise from

'Reminiscences of a Stock Operator'



"a man must believe in himself

and his judgment

if he expects to make a living at this game.

without faith in his own judgment

no man can go very far in this game!"

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