Stock Trends Traders Network

April 2008 Blog Posts (3)

The wisdom of the market

The foundation of technical analysis is the effectiveness of the market's prescience. Market prices and the trends that historical price patterns show reflect the discounted value of a security given the available information broadly disseminated. Market technicians recognize the wisdom of the market. Indeed, the wisdom of the crowd is a powerful article of faith in many and all markets. Today's opinion article in the Wall Street Journal discusses its value in political markets:…


Added by Skot Kortje on April 28, 2008 at 10:47am — No Comments

Wise words

Here is a sampling of the wisdom members are sharing in their trading mottos:

• Always be making money

• avoid compelling stories

• Buy Hold and Prosper.

• Buy when it snows sell when it goes

• Cut loss fast and work hard

• Don't be a shallow thinker.....

• Don't Fuck Up

• If at first you don't succeed - find a better stock... and… don't put all your eggs in one basket

• in for long and growing strong

• Invest Every Month

• keep… Continue

Added by Skot Kortje on April 19, 2008 at 11:41pm — No Comments

Your trading beliefs

There are some invaluable resources available for traders who want to understand themselves better. Psychology is a critical component of trading - the better we know ourselves, the more likely we will succeed. Another trading psychologist, Ruth Barrons Roosevelt, offers these trading beliefs:

  • Trading is a series of probabilities.
  • Any one trade is insignificant, be it a loss or a profit.
  • The probabilities of your trading favor you over…

Added by Skot Kortje on April 7, 2008 at 5:55pm — 1 Comment



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