Sorry, virtual reality already exists. It’s called college.
— Downtown Josh Brown (@ReformedBroker) April 7, 2016
Always hit your stops. Sell first, ask questions later. Things appear so much clearer outside the trade, you can always buy back.
— Assad Tannous (@AsennaWealth) April 13, 2016
Know when the markets compliment your style. There are times when your style has zero edge. I have no issue NOT trading.
— Assad Tannous (@AsennaWealth) April 13, 2016
"investors should separate the noise from their long-term objectives" – turns off CNBC for the rest of the year
— StockCats (@StockCats) April 15, 2016
show me on the chart where the algo touched you
— StockCats (@StockCats) April 12, 2016
"Should you be buying this dip? Coming up after the break, we'll ask our guest who's been bearish since the February low"
— StockCats (@StockCats) April 12, 2016
Most "smart guys" have been trying to pick a top since $spx 1950 vs picking quality set ups that can make money.
— Scott Redler (@RedDogT3) April 13, 2016
They say don't get married to the markets
But I'm angry, stressed and my money is disappearing.
Sure feels like being married.— Tom Dante (@Trader_Dante) April 15, 2016
Don't raise or lower risk based on:
– Gut feel
– The results of a last handful of trades
You will end up regretting it— Tom Dante (@Trader_Dante) April 12, 2016
From my friend hawk "Honor stops, re-entry is only a commission away"
— Sunrise Trader (@SunriseTrader) April 14, 2016
Your job is to manage risk & consistently take profits out of the market while preserving emotional & financial capital. ~Sunrise
— Sunrise Trader (@SunriseTrader) April 8, 2016
Many don't understand how important emotional capital is to a trader. Make your self-talk positive. Rid the negative.
— Sunrise Trader (@SunriseTrader) April 8, 2016
If you shorted oil or steel bc you called a recession, you are getting killed. Throw away your fake macro model.
— Mike Valletutti, CTA (@marketmodel) April 12, 2016
What causes you to lose:
1) too high expectations ?
2) daily & weekly monetary goals ?
3) being glued to P/L ?
4) not reviewing trades ?— Tradeciety – Rolf (@Tradeciety) April 14, 2016