Some thoughts on how to think about trading.
“Remember that there are only two forces that cause prices to move: traders who believe the markets are going up, and traders who believe the markets are going down.” Mark Douglas, Trading in the Zone.
“It takes experience and some expertise in technical analysis to be able to gauge whether a counterattack by the enemy, be they bulls or bears, is a fade, a bluff, or something more sinister and potentially damaging.” Clifford Bennett, Warrior Trading
Integrity. Do you have it? There is no reason for any of us to brag or tout our success for pure self promotion. All that really matters is your success…and your integrity. Thank you Dr. Brett for reinforcing what my readers already know.
An interview with trader John Bougearel on Active vs. Passive Trading.
Lack of control can cause illusions. The same can be applied to technical analysis. You see what you want to see (illusion), not what is really there.
Trading and Poker: Two of a Kind.
The role of psychology in trading.
