i constantly try to figure out
how the market can trick or fool
the majority of investors.
then after the majority have been fooled
i get in
at what i call
the 'pointof smooth sailing.'
a so-called failed signal
can actually be the beginning of
a more complex pattern
that is far more reliable
than the initial signal
based on a conventional pattern.
- mark minervini
2 comments:
Are you going to write the whole "trading in the zone " on ur blog?
this is not from 'trading in the zone', this is a quote by mark minervini. pl focus on the point and not the pointer. my blog is not a commercial website and i am duly giving credit to the author. also, i have shared only a few paragraphs from a full fledged book. i share such excerpts when i find them exceptionally different and meritorious. i strongly recommend readers to buy read the books i quote. the purpose of this blog is to write my notes and share them with all. in my last 2 and a half years of blogging my thoughts and understanding and experiences about learning to trade i have said almost all i had to. i still write anything substantially new and interesting that comes in my head. but by and large the amount of stuff i read throws up more surprising things than i find on my own these days. i feel like sharing a sparkling diamond i come across out of the treasure out there. my blog is not to showcase my knowledge. neither is it an endeavor to pull intellectual properties of great minds under "my tent". it is my open diary studded with words from the masters who influence me. thank you for alerting my conscience and giving me a chance to explain. regards
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