3 Ms of Trading – Mind, Method and Money - Part 2
Ancient Chinese wisdoms for Method and Mind in Active Investing
"Knowing you need to stop, set a target"
"Knowing your target, the mind is calm"
"When your mind is calm, you become steady"
"When you are steady, you can think better"
"When you think better, you can achieve your success"
"Thing will have a beginning and ending"
"Knowing how it will begin and how it will end"
"Road to success is nearer to you"
Clear Target To Stop
Some may know that they need to stop but don't have a clear target how to stop. Most will say they will stop at the next bull. So are you clear where is the next bull?
When you don't know how to to stop, your mind is not calm during volatile market. You either become too fearful or too greedy.
Market is a Cycle
The road to success is nearer if you can learn to recognise the market cycle.
http://zhidao.baidu.com/question/141811680.html
ReplyDelete3m
This post is totally apt for the volatile market these days
ReplyDelete-every positive news that I see comes with a negative news (2 schools of opinions on whether the bull's still has miles to run or recession is coming).
Market makers are those who are making money?
DeleteSingapore has negative interest before?
ReplyDelete