Emotional trading is lethal

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Posted by intellectual on July 13, 2008 at 12:33:44:

Take Your Trading As A Serious Intellectual Pursuit


You can succeed in trading only if you handle it as a serious intellectual pursuit.

Emotional trading is lethal.

To help ensure success, practice defensive money management.

A good trader watches his capital as carefully as professional scuba diver watches his air supply.

Dr Alexander Elder, Trading For A Living



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