Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (2460)	9/27/1998 11:57:00 PM
From: Nazbuster	Read Replies (1) \| Respond to of 7247

You might want to read "Trading For a Living" by Dr. Alexander Elder. An excellent manual on market (read mob) psychology. My very first read... Liked it alot. Get's one into the right frame of mind. Better pull it out again now that my head is filled with way too much information. Tim suggested the "Tao of Trading" which I bought and will read again, too. It is directed purely at the mental attitude and preparation. I remember one thing from Elder's book: Elder starts each trading day with, "I am a loser." How appropriate for my 1st month! <GGG> I can see there are no simple answers. It's important to set up the hardware, software, news, chat rooms, reference material, physical environment, and other resources that allow each individual to get just the right amount and right kind of information for their particular needs, abilities, and style of trading. The rest has to be filtered out to prevent distractions. I'm still in the early stages of exploration. I can see progress, but haven't been in the trenches long enough to get perspective. Thanks to all for shining the light across the minefield! P.S. I notice that my writing is getting better because of SI, too. Nice bonus. Next the trading!