Friday, October 02, 2009

Readings and Ideas To Start An October Weekend

Only those who have achieved a significant measure of personal freedom can truly benefit from free markets. If we are slaves to our impulses, habitual thoughts, and emotions, how can we make free choices? Greatness springs from the ability to sustain directed effort.

In training ourselves to trade markets, we inevitably train the will.

Failure is an essential component of achieving success.

Practice doesn't make perfect; it takes perfect practice to generate mastery.

So much of the difference between good and bad trading boils down to intentionality.

Trading success comes from developing a system for losing money.
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2 comments:

SSK said...

THANK YOU FOR THE EXCELLENT LINKS!
BEST, SSK

Soberba Insônia said...

During my last 15 years I´ve found the freedom and intelectual satisfaction in the creation area, wich it feeds a lot from subjectivity and a unruled life.

But only the markets has thrown me in a fight with a mental and life discipline in order to achieve results in environment that punishes almost immediately wrong decisions and lack of objectivity.

Thanx for the knowledge you´ve been meticulously offering (here and your books) to cast us better traders and persons at a steady pace.

Some quote! 'Only those who have achieved a significant measure of personal freedom can truly benefit from free markets. If we are slaves to our impulses, habitual thoughts, and emotions, how can we make free choices?´