"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.
Good quotes!
ReplyDelete"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."