E ben EE zer
E ben EE zercan TEEch us some valuable lessons about finances.
Most traders and investors think they have problems because of the market.
I believe they have problems related to their dysfunctional relationship with monEE.
Scrooge is miserlE, but he sure knows how to make and keep his dollars.
The Fed knows how to make $$ too… unfortunately they don’t know how to keep them.
PPTPAR is one of the most important belief systems I have about money.
There are only about five or six major ideas that need to be understood about any theme.
In trading, that sextet includes Price, Pattern, Timing, Psychology, Action and Reaction.
These are the pillars that I believe are important, allowing us to design a system that is dynamic, responsive, and predictive.
The proof is in the pudding, and results are the name of the game.
If your results are positive, leave well enough alone.
You are probably doing better than most.
Jesse put it more succinctly: Timing, Money Mangement, and emotional controlare the keys to trading. He was unable to hang onto his fortunes…
Still have my brains, working on the rest.
———————————
It may be time to be a bit conservative… the elections are upon us, and a fool and his money are soon parted…
Investing Blog
Post a Comment
You must be logged in to post a comment.