Thought of the Day…

In '10 Thought of the Day on May 24, 2010 at 6:35 am

“Trading provides one of the last great frontiers of opportunity in our economy. It is one of the very few ways in which an individual can start with a relatively small bankroll and actually become a multimillionaire. Of course, only a handful of individuals succeed in turning this feat, but at least the opportunity exists. A rigid stop-loss rule is an essential ingredient to the trading approach of many successful traders. Winning streaks lead to complacency, and complacency leads to sloppy trading. ”

– Jack Schwager

  1. […] This post was mentioned on Twitter by Patrick Harte, lykimthanh and lykimthanh, 50 Pips. 50 Pips said: Thought of the Day > http://bit.ly/cEEDA2 […]

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