Trading is a serious and a funny business. On the one hand it requires a tremendous amount of patience, subject knowledge, skills and experience. On the other hand it also requires a good amount of luck although many will say this for the luck part. Similarly there are legions of past, current and wannabe traders who…
Jesse Livermore was a legendary trader, and many people have written and blogged about him. Once in March 2010, while reading some of the books on him and by him, I made few notes and now thought of sharing them. So here they are – I have used first person to indicate what he wrote…
Time is a master worker that heals the wounds of temporary defeat and equalizes the inequalities and rights the wrongs of the world. There is nothing “Impossible” with time. – Napoleon Hill (The Law of Success)
A plethora of success materials implores us to set specific goals if we are serious about realizing them. Certainly, if we have clearly defined goals then it becomes easier to develop a plan to achieve them as compared to developing a plan to achieve un-specified goals. Similarly, it is easier to accomplish something with a…
Kids are wonderful. My little girl usually takes me to her favorite song – by Thomas, The Little Engine That Could. Great for a trader to listen and watch from time to time. Never, Never Give Up If you climb the highest mountain, Cross the river deep, Maybe you’ll find it’s never as easy As it first…
Trading is a high intensity activity. Succeeding takes a tremendous amount of effort and continuous self-improvement. Inspiration from any and all sources are always welcome. Which brings us to a classic 2009 USC Commencement Address by Arnold Schwarzenegger. Short version is below. In short The Guvanator’s list is: Trust Yourself No Matter What Others Think Break The…
Elliott Wave Junctures editor Jeffrey Kennedy talks about “the elephant in the room” that no trader can ignore. Senior Analyst Jeffrey Kennedy is a busy man. Along with his regular duties at Elliott Wave International, he prepares 3-5 video lessons each week that teach technical traders how to anticipate — and act on — trading…
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