50PipsFX

Archive for the ‘’10 Thought of the Day’ Category

Thought of the Day…

In '10 Thought of the Day on December 30, 2010 at 7:21 am

“Success isn’t measured by money or power or social rank. Success is measured by your discipline & inner peace.”

- Mike Ditka

Thought of the Day…

In '10 Thought of the Day on December 29, 2010 at 7:15 am

“Focus on being profitable for the week – Individual trades may go against you and individual trading days can offer little opportunity. As a senior trader once explained to me, for the active trader, however, there are enough fresh opportunities in a week to make it reasonable to set a goal of being profitable for the week. You won’t reach your goal every single week, but the mere act of setting the goal keeps you focused. For example, you don’t want to lose so much money in a single day that you can’t make it back during the other days of the week. You also don’t want to lose so much money on a single trade that you can’t come back during the remainder of the day. When you really push yourself to be profitable every week, you don’t let individual days get away from you. And when you don’t let individual days get away from you, you start managing each trade carefully to ensure that your largest loss won’t exceed your largest gain. Time and again I’ve seen a consistent sign of progress among developing traders: they stop digging themselves into holes.”

- Brett Steenbarger

Thought of the Day…

In '10 Thought of the Day on December 28, 2010 at 6:48 am

“Invincibility lies in the defense; the possibility of victory in the attack. “

- Sun Tzu

Thought of the Day…

In '10 Thought of the Day on December 27, 2010 at 8:02 am

“The credit belongs to the man who is actually in the arena; whose face is marred by sweat and blood; who strives valiantly; who errs and comes short again and again because there is no effort without error and shortcoming; who knows the great enthusiasms, the great devotion, spends himself in a worthy cause; who at best knows in the end the triumph of high achievement; and who at worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who have never tasted victory or defeat.”

- Theodore Roosevelt

Thought of the Day…

In '10 Thought of the Day on December 24, 2010 at 7:09 am

I would like to thank all friends and followers for their support and wish you and your families all the best for this holiday season.

50

Thought of the Day…

In '10 Thought of the Day on December 23, 2010 at 7:06 am

“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.”

- Sun Tzu

Thought of the Day…

In '10 Thought of the Day on December 22, 2010 at 7:07 am

“He who is prudent and lies in wait for an enemy who is not, will be victorious.”

- Sun Tzu

Thought of the Day…

In '10 Thought of the Day on December 21, 2010 at 7:16 am

“The general who advances without coveting fame and retreats without fearing disgrace, whose only thought is to protect his country and do good service for his sovereign, is the jewel of the kingdom. “

- Sun Tzu

Thought of the Day…

In '10 Thought of the Day on December 20, 2010 at 7:01 am

“The skillful fighter puts himself into a position which makes defeat impossible, and does not miss the moment for defeating the enemy.”

- Sun Tzu

Thought of the Day…

In '10 Thought of the Day on December 17, 2010 at 6:47 am

“Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great.”

- Mark Twain

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