April 12, 2014 Singapore Stocks Scan, Thought or Notes of Trading
Moses’s Stocks Corner at amibrokeracademy.com.
Succeeding or Failing in Trading, Thought or Notes of Trading
Larry Pesavento and Lesile Jouflas in their book, Trade What You See – How to Profit from Pattern Recognition wrote,
… “we have not seen many changes over the decades in this area (holy grail in trading or an easy trading method). It seems to be the same aspects that constantly plague traders.” …
… “Developing a mind-set that is conducive to trading will be essential to a trader’s success. This will include thinking in terms of probabilities, and accepting the fact that losses are as much a part of trading as wins” …
They also share Larry Schneider’s advice, “to approach trading from the mental side first, then develop your trading methodologies and plans.” Larry Schneider, director of business developments for the Zaner Group, futures and commodities brokers.
If you like to learn more more you can get a copy of Larry Pesavento and Leslie Jouflas book from Amazon.
Moses
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