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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Pierre who wrote (12295)	3/11/2001 12:32:43 PM
From: Threei	Respond to of 18137

I find it ironic that an endeavor I undertook, with too much arrogance and too little discipline, for the simple purpose of making money has taught me so many lessons about me. Welcome to the club! Let me quote one of my classes, I think you will relate: There is a Russian movie titled Stalker. The plot line shows there is a machine that grants wishes. It’s hidden in the Zone. The Zone is a pretty dangerous place. Guides illegally bring people to this machine for a fee. But there is a catch that becomes known only at the end of movie. The machine grants not the wish one asks for. It grants a wish that is hidden somewhere deep inside that person. It is hidden in their core. Usually the carrier of this wish has no idea what it is. In a way, the market works like that machine. Hidden self-destroying tendency, off-screen desires to suffer might sit within and undermine one's attempts to make it in trading. That's why trading is a path to self-discovery. This path is not easy. Trading rules are so simple. Cut your losses, let your profits run, the trend is your friend, do not double up on losers, etc. That journey to self-discovery and self-changing, requiring absolute honesty and willpower, is the real challenge. realitytrader.com Vadym