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"Last night I had a strong motivating insight. I took an honest look at my performance and results for the past two weeks..."(tags: trading Psychology)
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STEP 1: Obtain Investor Business Daily for Thursday for $1.25 * STEP 2...
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Successful people in most walks of life have different mental models than mediocre people. That is why successful people can see and act on opportunities which others do not see.
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Once you have your position sizing, price targets, and stops in place, you let the profits and losses take care of themselves based upon the edge you've cultivated. You want to be trading opportunity, not your mood of the moment.(tags: trading)
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Video of David Kahneman, who is famous for Prospect Theory and was awarded the 2002 Nobel Prize in Economics “for having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making unde
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a lot of people watch the little FeedBurner chicklets that show how many subs they have... So what does this mean? Not as much as everyone thinks.
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Looks like some of the bears got the message and tried to get back on the right side of the market. Short interest declined in February consistent with a strong market that is hitting new highs...(tags: stocks)
links for 2007-02-26
Essential Reading
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