[Archive c 17.03.2008] Humour [Archive to 28.04.2012] - page 114
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"Stop the moment - you are beautiful!"
The trader and his precepts (Goblin translation)
1. Borrow as much money as you can. It doesn't matter who you borrow it from. Preferably with interest. Invest it in your trading on the currency market.
2. If you don't have much money left, then gamble it all. That's the only way to win.
3. Get a little nervous before you make a trade. Cheer up, so to speak. It's important to get your palms sweaty.
4. Always listen to what others have to say. If they're giving you advice, they must really know something.
5. Never follow the rules of manimangement. That way you'll stagnate for a long time, and you won't become a millionaire anytime soon. Make big deals.
6. Add to a losing position, average out and double up. This is a win-win tactic.
7. If price approaches a stop loss order, move it to a safe distance. Things are about to reverse.
8. As for stop loss orders. It's better not to place them at all.
9. If a trade makes a loss, let it hang open, someday there will be an opportunity to exit with a profit. As soon as the price went to the profit, close it at once. A bird in the hand is better than a crane in the sky.
10. Treat Forex lightly, like a game. There's nothing to learn. You can get rich on pure luck. 11.
11 - Do not let the market beat you. If you incurred a loss, you must win it back today. Whatever it costs you.
12. Don't make a plan or analysis before entering the market. Shoot from the hip. You're either lucky or you're not.
13. You should have one - plan to earn a certain amount of money in a week. If it doesn't work out, increase the stakes.
14. Don't write anything down. Everything can be memorized. Keeping a trader's diary is a waste of time.
15. Change strategies more often. That way there's a better chance of one of them making a profit.
16. If you don't understand what's going on in the market, get into trading right away. Then everything will become clear.
17. If you miss a signal, enter anyway. It's never too late.
18. Try to trade against the trend. Every trend has corrections.
19. Spend as much time as possible in front of the computer. This way you will tune into the market better.
20. Play on the news. Never miss an opportunity to grab a big move in the market.
21. If you really want to make a deal and you have a nagging feeling in one place, but no signals, go ahead, the time has come. As long as you have a will.
23.If the market does not go where you wanted, believe, hope and wait. It is better to pray.
24. If you want to work with a system, don't choose a simple one. The more complex the strategy and the more filters and indicators it uses, the more accurate the entries will be.
25. Try to trade on smaller intervals. There are more signals and it will be more interesting to work there.
26. You made a loss, don't beat yourself up. It is not your fault. There are plenty of reasons: bad connection, the broker is a crook, the market went crazy, a shitty day from end to end.
27. After a series of three successful trades you can consider yourself a guru and go teach other traders.
Author: Igor Karpeev
http://www.forexpage.ru/
There it is !
>> Here it is !
now it's not so shameful to go there...