The Crosshairs Trader Blog

THE THINKING TRADER 06-06-2011

 

NOW WHAT THINKING

 

 

Best Books on Behavioral Finance (LIST.LY)

“Build your practice, then surrender to it. Know that if you follow the practice then the leaks will get plugged. Only good things will happen.” (ALTUCHER CONFIDENTIAL)

“Wyckoff was one of the early fathers of Technical Analysis, and contributed much through his explanations on how supply and demand interact in the marketplace.” (AFRAID TO TRADE)

“For many years I worked in palliative care. My patients were those who had gone home to die. Some incredibly special times were shared. I was with them for the last three to twelve weeks of their lives.” (INSPIRATION AND CHAI)

“All risks cannot be hedged away if you pursue a gain.” (ASYMMETRIC INVESTMENT RETURNS)

“I’m like Dr. Failure. I know exactly what you need to do if you want your wife to hate you, if you want to get thrown out of school, if you want to lose your investors $100 million. If you want to lose your home, and so on.” (ALTUCHER CONFIDENTIAL)

“When you think you are in control of something you are wrong.” (ZEN HABITS)

“From the perspective of mastery, every drawdown is something to be embraced.” (BRETT STEENBARGER C/O SMB TRAINING)

“If you distilled all the new science about talent development into two words of advice, they would be practice better.” (THE TALENT CODE)

“Some traders really like to complicate their charts.” (ALL STAR CHARTS)

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