Sunday, May 3, 2015

Alexander Elder "Trading For A Living" Seminar.

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


No comments:

Post a Comment