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Discipline for day trading.pdf

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Discipline for day trading.pdf

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文档介绍:discipline for
rvddb emsino F aaieFbur 03 2003 Wasendorf & Associates, Inc. • 3812CedarHeightsDriveFal Provided bypermission ofSFOMagazineFebruary2003. ©
THE 25-POINT MANTRA
more and more studenthas now e theteacher. more andmore became over time, Ilistened to hisguidance andgradually, rules oftrading discipline. David taught methe CMEandChicagoBoard OptionsExchange (CBOE). at theCBOT, atthetimeoneoflargest clearingfirms wheat pitandaprincipalofGoldberg Bros., David wasalong-timespread scalperinthe David Goldberg. the CBOT trading floor, Iwasmentored by oneofthebesttraders ever to setfoot on profit/loss management, disciplineand Just asInow mentor my trading clientsregarding performance, with smallwinnersandI’m accepting ofsmalllosers. I’m content Idon’t gettoo greedy. andwhenI’m right, I’m wrong Igetoutimmediately, When themarket. andIrespect Itrade withdiscipline, 20 years? The answer issimple: for trading the markets more than day day, after have Ibeenableto eed, then, How, prices. mittee OpenMarket and Treasury bondprices orequity Idon’t understandtheeconomic causalrelationship between the damental analysis. have noformal fun- training inmarket how to aloneknow trade age,let unable to even i studyorMoving Average pack- studyonacharting I’m Ihave noformal technical training analysis. inmarket student. gifted extremely never I consid