Alexander Elder's books were very instrumental to me. Here is a great seminar.
Your odds at the onset:
- Average time for a speculator in the market is 2 years
- 98% of traders lose money
Take Aways
- Trading can be like alcoholism
- Once you look for excitement in the markets you are finished
- Compares Losers Anonymous
- I can do serious financial damage to my account, I've done it before and I can do it again. My only goal today is to trade sober.
- Find discipline
- Trade journal
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