The Crosshairs Trader Blog

THE THINKING TRADER 01-16-2011

PLAYOFF THINKING

“For now, everything is going according to plan – which is usually the most dangerous time.”   David Gurwitz/Charles Nenner Newsletter

“Did you ever notice how difficult it is to argue with someone who is not obsessed with being right?”  Dr Wayne Dyer

“Every edge we have as technical traders comes from an imbalance of buying and selling pressure.” Adam Grimes, SMB

Interview With Derek Hernquist (Abnormal Returns)

“The key point that is usually misunderstood is that Technical Analysis looks to identify points of where something based on history may happen. Not to give hard and fast line in the sand predictions of reversal or targets.” (Technical Analysis Defended)

“Stop chasing pipe dreams, define reasonable goals for your trading business, focus on a method that works for you and then refine it to maximize its profitability.” (The Search For Perfection)

“Does Solitude Matter?” (Have You Had Your Vitamin S Today?)

“Patience is like a rock, even the strongest is susceptible to erosion in extreme conditions.” (The Battle For Patience)

“We learn from our failures but are driven by our successes.” (A Winning Mindset)

“Too many traders think a winning trade is a good trade, and a losing trade is a bad trade…a failure.  I disagree.” (Succeed By Not Failing)

What If There Were No Federal Reserve? (10 Things That Would Be Different If There Were No FED)

“My trading philosophy is really simple. If I had to put it in one sentence it would be the following:There is no way I am going to argue with price.’” (Same Old Same Old)

“The first time I met Cramer was on the set of his show “Mad Money”. The show hadn’t officially launched yet but he wanted to try out the idea of having guests on the dress rehearsals. I was the first guest.” (10  Things I learned From Jim Cramer)

“Basically, there’s a lot of things that can go wrong which destroy a person’s chance to become a successful trader.” (Why Traders Fail)

“A research paper by Eyal Dvir of Boston College and Ken Rogoff of Harvard suggests some interesting parallels between the recent behavior of oil prices and what was observed at the very beginning of the industry.” (The First Oil Shock)

“Market returns are more volatile than most people realize even over periods as long as 20 years.”(In Investing, It’s When You Start and When You Finish)

“If perfection is your goal, I urge you to reconsider.” ( Avoiding Analysis Paralysis)

“Some might say that fear is a prison, but I look at it much differently.” (Turning Fear Into Joy)

“Have you ever been wrong? Well then, this book is for you.” (A Review of Being Wrong)

“Just as every person is special and has something to teach us, so does every trade.” (Serendipity)

There are no comments yet. Be the first and leave a response!

Leave a Reply


Wanting to leave an <em>phasis on your comment?