|
In Main Category
Follies
|
#19
 06-04-2008 01:16 PM |
|
"Every age has its peculiar folly; some scheme, project, or phantasy into which i plunges, spurred on either by the love of gain, the necessity of excitement, or the mere force of imitation. Failing in these, it has some madness, to which it is goaded by monetary, political, or religious causes, or all combined." - Charles Mackay
|
|
In Main Category
Wizard Wisdom
|
|
#18
06-02-2008 01:34 PM |
The quotes listed below come from interviews Jack Schwager conducted with top Traders in his best seller Market Wizards.
Jack D Schwager
Trading provides one of the last great frontiers of opportunity in our economy. It is one of the very few ways in which an individual can start with a relatively small bankroll and actually become a multimillionaire.
Of course, only a handful of individuals succeed in turning this feat, but at least the opportunity exists.
A rigid stop-loss rule
...More 
|
|
In Main Category
Words from Larry Hite (Trendfollower)
|
|
#17
05-27-2008 03:39 PM |
|
“Life is nothing more than a series of bets and bets are really nothing more than questions and their answers. There is no real difference between, “Should I take another hit on this Blackjack hand?” and “Should I get out of the way of that speeding and wildly careening bus?” Each shares two universal truths: a set of probabilities of potential outcomes and the singular outcome that takes place. Everyday we place hundreds if not thousands of bets - large and small, some seemingly well considere
...More
|
|
In Main Category
Trading's First Music Video?
|
|
#16
04-20-2008 03:34 AM |
Ed Seykota, the worlds greatest trader pound for pound in my opinion...has his own music video. It may be a bit out of the ordinary, but still entertaining and extremely educational to say the least.
Good job Ed!!!
http://www.youtube.com/watch?v=LiE1VgWdcQM
Enjoy
|
|
In Main Category
Going with the Flow
|
|
#15
04-01-2008 07:50 PM |
12 Practical Steps for Learning to Go With the Flow
by Leo Babauta of Zenhabits.net
“Life is a series of natural and spontaneous changes. Don’t resist them - that only creates sorrow. Let reality be reality. Let things flow naturally forward in whatever way they like.” - Lao-Tzu
No matter how much structure we create in our lives, no matter how many good habits we build, there will always be things that we cannot control — and if we let them, these things can be a huge source of anger, f
...More
|
|
In Main Category
Trading Wisdom from Jesse Livermore
|
|
#14
02-09-2008 03:58 PM |
Another lesson I learned early is that there is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.
I told you I had ten thousand dollars when I was twenty, and my margin on that Sugar deal was over ten thousand. But I didn't always win. My plan of trading was sound enough and won oftener than it lost. If I had stuck to it I'd have been right perhaps as often as seven out
...More
|
|
In Main Category
Dr. Van K. Tharp On Risk
|
|
#13
01-29-2008 02:01 PM |
"Trading and investing are very simple processes and we human beings try to make it into something much more complex. Unfortunately, we have a lot of biases that enter into trading decisions."
"I believe people get exactly what they want out of the markets and most people are afraid of success or failure. As a result, they tend to resist change and continue to follow their natural biases and lose in the markets. When you get rid of the fear, you tend to get rid of the biases."
"As for ris
...More
|
|
In Main Category
Top 10 Quotes By Stephen Hawking
|
|
#12
01-24-2008 12:29 AM |
Stephen Hawking's Quotations
Tuesday, 22 January 2008
He is widely considered to be among the most intelligent people living today. Here is what he has to say...
10. "Einstein was wrong when he said "God does not play dice". Consideration of black holes suggests, not only that God does play dice, but that He sometimes confuses us by throwing them where they can't be seen."
9. "I have noticed even people who claim everything is predestined, and that we can do nothing to change it
...More
|
|
In Main Category
Right Brain Or Left Brain?
|
|
#11
01-17-2008 02:16 AM |
Take this simple test to see what part of the brain you favor...
http://www.news.com.au/dailytelegraph/story/0,22049,22535838-5012895,00.html
|
|
In Main Category
Interesting Poll on the Media
|
|
#10
01-14-2008 02:50 AM |
SACRED HEART UNIVERSITY NEWS
For Immediate Release
January 8, 2008
AMERICANS SLAM NEWS MEDIA ON BELIEVABILITY
Americans see:
Growing media attempts to influence public opinion and policieS
Poor quality
A strong liberal bent in most media
Fox News, CNN and NBC as the most accurate
FAIRFIELD, Conn.—A Sacred Heart University Poll found significantly declining percentages of Americans saying they believe all or most of media news reporting. In the current national poll, just 19
...More
|
|
In Main Category
This Guy Has The Best Quotes
|
|
#9
01-08-2008 12:02 AM |
I've learned alot from this guy....smart read!!
A political leader must keep looking over his shoulder all the time to see if the boys are still there. If they aren't still there, he's no longer a political leader.
-Bernard Baruch
A speculator is a man who observes the future, and acts before it occurs.
-Bernard Baruch
Age is only a number, a cipher for the records. A man can't retire his experience. He must use it. Experience achieves more with less energy and time.
-Bernard
...More
|
|
In Main Category
Contrary to Popular Belief
|
|
#8
01-05-2008 02:43 AM |
Ran across this today. I thought it was pretty hilarious. Ahhhh....gotta love analyst forecasts.
http://bigpicture.typepad.com/comments/2008/01/latest-lereah-b.html
|
|
In Main Category
Hard Work Is Key!
|
|
#7
12-30-2007 02:11 AM |
Wow...I just found out today that Dallas Mavericks owner Mark Cuban has a blog. He spills out his own business success in great detail. Its definately motivating on many levels. Check it out if you'd like....
http://www.blogmaverick.com/2007/12/24/success-and-motivation/
|
|
In Main Category
HaHa Moment
|
|
#6
11-30-2007 12:07 AM |
this site is pretty entertaining (to me anyways)....
http://www.minyanville.com/mvtv/?videoid=22&offset=9
enjoy
|
|
In Main Category
Great Quote
|
|
#5
11-27-2007 01:28 AM |
I don't know who said this...but its a great perspective...
..."a mentor does not know the answer to everything, but a mentor is able to listen to a mentee and understand the block. A successful mentor is then able to help the mentee unblock and maybe even have their own "aha.""
|
|
In Main Category
A Little Perspective
|
|
#4
11-05-2007 11:27 PM |
|
The Greek philosopher Archilochus tells us, the fox knows many things, but the hedgehog knows one great thing. The fox -- artful, sly and astute -- represents the financial institution that knows many things about complex markets and sophisticated marketing. The hedgehog -- whose sharp spines give it almost impregnable armor when it curls into a ball -- is the financial institution that knows only one great thing: long-term investment success is based on simplicity. - John Bogle
|
|
In Main Category
Decisions
|
|
#3
10-31-2007 06:48 PM |
|
I've decided to share with the forum an aha moment i had this past monday. i dont remember exactly what i was doing at the time, but i came to the conclusion that life, from cradle to the grave, is all about making decisions. if you think about it, your body makes decisions via your sub-conscience (e.g. breathing and cell growth) while our conscience brain makes decisions and choices everyday that can affect our non-existant future. if this is true, then making the right conscience decisions
...More
|
|
In Main Category
Thinking for yourself
|
|
#2
10-29-2007 01:43 PM |
Here is a clip from my favorite old movie. If this doesn't help put a spring in your step; I don't know what else will.
http://www.youtube.com/watch?v=Zc7oZ9yWqO4
|
|
In Main Category
Magic
|
|
#1
10-25-2007 08:18 PM |
I caught the better half of a magic show on television last night and came to the notion that magic is alot like trading...
Many people love the mystery that surrounds magic. People want to be fooled and mesmorized by complex tricks. After which, they all want to know the secret of how its done. Once they find out how simple the illusion really is; they criticize it and begin searching for the next "big phenomenal act." People simply want to believe. Is there anything wrong with that?
...More
|
|
RSS |
Contact 
