Monday, 28 October 2013

Quote for the day

“I think there's a natural progression that everyone goes through. The older you get, the more you'll realize that a quality life is one that has an extraordinary balance in it.” - Paul Tudor Jones

28-Oct-2013 CSE Trade Summary


Crossings - 28/10/2013 - Top 10 Contributors to Change ASPI

Following Stocks Reached New High / Low on 28/10/2013


 



Friday, 25 October 2013

Quote for the day

“Fools try to prove that they are right. Wise men try to find when they are wrong.” - Dickson G. Watts

25-Oct-2013 CSE Trade Summary


Crossings - 25/10/2013 - Top 10 Contributors to Change ASPI

Following Stocks Reached New High / Low on 25/10/2013
 




The Ten Most Foolish Things a Trader Can Do

In no particular order of foolishness.

01. Try to predict the future movement of a stock, and stay in it no matter what.

02. Risk your entire account on one trade with no stop loss plan.

03. Have a winning trade but no exit strategy to get out, no trailing stop or exhaustion top signal.

04. Ask for and follow the advice of others instead of trading with your own trading plan, method, rules, and system.

05. Trade your emotions instead of signals: buy when you are greedy and sell when you are afraid.

06. Trade your opinions, not a quantified method.

07. Do not bother to do your homework on trading, just jump in and trade, you are smart, you will figure it out.

08. Short the best and most expensive stocks in the stock market and buy the cheapest junk stocks.

09. Put on trades you are 100% sure are winners so you do not even need a stop loss or risk management.

10. Buy more of a trade that you are losing money in and sell your winners quickly to lock in small profits.
Source:http://newtraderu.com

Thursday, 24 October 2013

Quote for the day

“The best way to stop a losing streak is to stop! Stop the losses, stop the bleeding. Take time off and let your intellect take charge of your emotions; the market will be there when you return.” - Marty Schwartz

24-Oct-2013 CSE Trade Summary


Crossings - 24/10/2013 - Top 10 Contributors to Change ASPI

Following Stocks Reached New High / Low on 24/10/2013