My Current Investments

Main Labels:

3) AUDSGD (Link for AUD posts)
4) CNYSGD Closed TP 0.208 ( Link for CNYSGD posts)
5) Fullerton SGD Heritage Income Class B ( Link )
6) Global X Uranium ETF Long ( Link )
8) BGF China Bond Fund A6 Hedged (SGD) (Link)
7) US Stock Trade (Link)

Disclaimer :
None of the information contained in this Blog or Video constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investments, or to participate in any particular trading strategy.

Any expression of opinion (which may be subject to change without notice) is personal to the author and the author makes no guarantee of any sort regarding the accuracy or completeness of any information or analysis supplied.

The author is not responsible for any loss arising from any investment based on any perceived recommendation, forecast, or any other information contained here.

Next Market Crash Stocks Accumulate LIst

Next Market Crash Stocks Accumulate LIst

Intrinsive Value Tracking

Thursday, October 19, 2006

Tested Classic Trading Rules - Part 4 of 12

31. The one essential ingredient to making money with money and keeping it is having an organized effort.
32. Unless you progress, you go backwards. Once you complete a trading goal it is crucial that you immediately set a new goal.
33. The art of concentration can help you become a great trader. In other words, set aside time to think, plan, meditate, investigate, research, analyze, evaluate and select your trades carefully.
34. Split your profits right down the middle and never risk more than 50% of them again in the market.
35. The key to successful trading is in knowing yourself and in knowing your stress point.
36. The real difference between winners and losers is not so much native ability as it is discipline exercised in avoiding mistakes.
37. The greatest risk for a commodity trader is to rely on hope alone. Never substitute hope for facts. The greatest loss is loss of self-confidence.
38. You cannot perform very well for very long with your shoes nailed to the floor. In trading as in fencing there are the quick and the dead.
39. Remember Mark Twain: “only 10% of the people think. 10% think they think. The other 80% would rather die than think.”
40. The man who goes to the top as a commodity trader does not do as he pleases. He has trained himself to choose correctly between the two freedoms: the freedom to do as he pleases, and the freedom to do what he must do.

No comments: