Thursday, 7 April 2011

The Most Important Post

Our search for success might be compared to the quest for
the holy grail: we're looking for that one idea that will guarantee
that we can be consistent winners.

I propose that our quest can be summed up in five words:

Want What the Market Wants


That goal is very simple but not always easy.

All of our frustrations and losses come from one source. We had expectations that were not met.
When we want what the market wants, we have no frustrations.

By aligning our own underlying structure with that of the market, we have no unfulfilled expectations.

With this approach, trading is a low-stress way to live. We
learn that we can get into a psychological "no-risk" structure
and have fun.

We realize that if trading is not fun, we are doing
something wrong, and the market, which is our only teacher,
will always always tell us exactly what is wrong and where our
errors lie.

Our real quest

is wanting what the market wants.

The market, like everything else in the universe, always follows the path of least resistance.

Is Exit Close Enough - The 3 Rules Flowchart | Live Day Trading Stream Ep # 34

 Hi  Today I'm going to share with you a recording of a Live Stream I did with my friends in AIMS Discord Channel.  Doug had questions a...