Tuesday, February 17, 2015

Words of Wisdom

When you start to become a mature trader, you lose this anxiety that "I have to be in a trade, I gotta trade earlier - is it going up? Or is it going down!?"  You then develop another attitude that says "If I miss a trade... so what?"  And let me tell you, that is a huge, that is a HUGE, HUGE step.  To be able to break that syndrome of looking too hard for the trade, afraid you're going to miss something.  Once you're afraid you're going to miss something, the lower the odds you're going to do the right thing, because now you're operating on impulse.
-Jim Dalton

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