Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (24507)	4/29/2002 8:55:44 AM
From: Joe Copia	Read Replies (1) of 25711

Awareness "Trading is all mental. If you have a positive attitude, it’s going to help a lot in trading. It’s not going to make you money, but it’s going to enable you to at least think clearly. You’ll have bumps and bruises along the way. I know I’m going to get another. That’s just how it works. But now I’m at a point where if I get a little bump, that’s fine. You just have to fight your way through. The hardest thing is thinking of it as trading. You’ve got to think about it as a business. How many businesses become profitable after six months? Very few. In this business you have a chance to become profitable after six months. Some of the better guys have even made six figures the first year, but this is not the norm. Think of it as a regimen you have to stick to. It will make you a better trader." -Electronic Day Traders' Secrets, by Friedfertig and West, p.87

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