Saturday, February 19, 2011

How Top Traders Think

You cannot be a successful trader if you are not willing to have both profits and losses… “It’s like only wanting to breathe in and not wanting to breathe out.” Both are a significant part of the trading process… The other half of the equation is also important (and equally puzzling). You can’t put too much importance in gains. People who value profits too highly, tend to take them quickly. Why? Because if they don’t take them, they are afraid they will get away. this quate you have to always remember to b a good...

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