Thought of the Day…

One of our favorites as we gear up for 2013:

  • “I will not allow yesterday’s success to lull me into today’s complacency, for this is the greatest foundation for failure.”

 

Thought of the Day…

“Risk and time are opposite sides of the same coin, for if there were no tomorrow there would be no risk. Time transforms risk, and the nature of risk is shaped by the time horizon: the future is the playing field”

– Peter L. Bernstein

Thought of the Day…

“Disciplining yourself to do what you know is right and important, although difficult, is the high road to pride, self-esteem and personal satisfaction.”

– Brian Tracy

Thought of the Day…

“Never give way to anger – otherwise in one moment you could burn up the joy that you collected over a long period.”

– bkwsu.org

Thought of the Day…

“When you believe that your problem is caused by someone or something else, you become your own victim.”

– Byron Katie

Thought of the Day…

“The greatest discovery of my generation is that a human being can alter his life by altering his attitudes of mind.”

– William James

Thought of the Day…

“Good traders understand that they will not be in every move. They wait for setups with which they are comfortable and confident. A strong stock that has moved well above a good risk/reward entry is left to run without them. For example, if a stock is trading in a range, breaks out, and you miss the buying opportunity, well, that is one mistake. But if out of frustration you buy that same stock well above the range, you chase it, well, now you
have made two mistakes. The first blunder will not cause trading losses (just an opportunity cost), but the second one will. Do not let one mistake cause another.”

– Mike Bellafiore

Thought of the Day…

“Knowledge of any value can’t be given. It must be sought and learned.”

– Thoth

Thought of the Day…