Thought of the Day…

“In my experience, I have to say that there was very little critical difference between the net winning traders and the net losing traders in most areas. All of them had good understanding of the basic market fundamentals, used a solid technical analysis or research of some kind, and exercised a lot of personal discipline. The one thing that stood out, the one thing that separated the net winner from the net loser, all things being equal, was that the net winner had a trading plan in addition to his other skills. The net winner knew he was up against not just the market and his competitors, but he was up against himself, too. To guard against the possibility that he (the trader) could blow himself out of the water at any time if he wasn’t careful, that trader had a plan.”

– Jason Alan Jankovsky

Thought of the Day…

“Danger for most of us lies not in setting our aim too high & falling short; but in setting our aim too low & achieving our mark.”

– Michaelangelo

Thought of the Day…

“The man who does not read good books has no advantage over the man who can’t read them.”

– Mark Twain

Thought of the Day…

“You can’t let praise or criticism get to you. It’s a weakness to get caught up in either one.”

– John Wooden

Thought of the Day…

“Life is meant to be a challenge, because challenges are what make you grow.”

– Manny Pacquiao

Thought of the Day…

“First learn the meaning of what you say, and then speak.”

– Epictetus

Thought of the Day…

“The surest way to become Tense, Awkward, and Confused is to develop a mind that tries too hard—one that thinks too much.”

– Benjamin Hoff

Thought of the Day…

“I thought random walk was bullshit… The whole idea that an individual can’t make serious money with a competitive edge over the rest of the market is wacko.”

– Helmut Weymar

Thought of the Day…

“Nature does not hurry, yet everything is accomplished.”

– Lao Tzu