Tag: Stocks
My Strategy is Dynamic and Ever-Evolving
I have been trading for decades and I am still standing. I have seen a lot of traders come and go. They have a system or a program that works in some specific environments and fails in others. In contrast, my strategy is dynamic and ever-evolving. I constantly learn and change.
Always Dreamed And Never Give Up
When I get hurt in the market, I get the hell out. It doesn’t matter at all where the market is trading. I just get out, because I believe that once you’re hurt in the market, your decisions are going to be far less objective than they are when you’re doing well… If you stick…
Cultivating Fearlessness
Fearlessness is like a muscle. I know from my own life that the more I exercise it, the more natural it becomes to not let my fears run me.
Cautious Risk-taking
Don’t test the depth of the river with both your feet while taking the risk
The Power of a 5/1 Risk-Reward Ratio
5/1 risk/reward ratio allows you to have a hit rate of 20%. I can actually be a complete imbecile. I can be wrong 80% of the time and still not lose
Best Risk-Reward Opportunities
You never know what kind of setup market will present to you, your objective should be to find an opportunity where risk-reward ratio is best
It is Volatile
In trading, everything works sometimes and nothing works always.
Determining Stock Value
The only true test of whether a stock is “cheap” or “high” is not its current price in relation to some former price, no matter how accustomed we may have become to that former price, but whether the company’s fundamentals are significantly more or less favorable than the current financial-community appraisal of that stock.
Stock Price Movements
Stock price movements actually begin to reflect new developments before it is generally recognized that they have taken place
The Emotional Trap in Trading
Never confuse your position with your best interest. Many traders take a position in a stock and form an emotional attachment to it. They’ll start losing money, and instead of stopping themselves out, they’ll find brand new reasons to stay in. When in doubt, get out.