"The Turtle Way views losses in the same manner: They are the cost of doing business rather than an indication of a trading error or a bad decision."
"Good traders don't try to predict what the market will do; instead they look at the indicaitons of what the market is doing."
"As a trader you are seeking out opportunities that arise from these human emotions, BEHAVIORAL FINANCE identified the ways that human emotion affexts one's decision-making process."
"Don't miss a trend or you might kill your whole year."
"Over the years I kept finding evidence that emotional and psychological strength are the most improtant ingredients in successful trading."
More to come along with my reading.
1 comment:
Good quotes!
"The Turtle Way views losses in the same manner: They are the cost of doing business rather than an indication of a trading error or a bad decision."
"Good traders don't try to predict what the market will do; instead they look at the indicaitons of what the market is doing."
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