Dear friends ,
Yesterday we had a glimpse of Jesse Livermore , one of the greatest traders of all time.
Those who know about his life and story ( it would beat any blockbuster movie ! ) - Please don't bother why he committed suicide or how can he make billions ( today's value ) and can lose it and regain , etc..
We should not think of the actor's personal life when watching his movie. We should simply enjoy the movie. Likewise , rather than dwelling on his personal life , any trader who wants to improve should just study his rules and strategies.
We shall see some of the excerpts from the book - Reminiscences of a stock operator - one of the best books in stock market history.
"You can't win if you don't bet"
"The one defining characteristic of successful traders is their refusal to quit in the face of adversity"
"Being a successful trader also takes courage: the courage to try, the courage to fail, the courage to succeed, and the courage to keep on going when the going gets tough"
"Trading is an obsession, passion, the best entertainment, a challenge, the most fascinating game humans ever invented, a science, an art, the way of living and thinking, the strongest desire you ever had, an intellectual and physical fitness exercise and much more. Look inside your soul. If you don't feel this way about trading then you should not be trading at all. However if some of that resonates with you then don't give up. Work hard, sweat, get frustrated, create, test, enjoy the triumphs and suffer losses, become a great trader and make as much money as you want!"
"A winner is someone who recognizes his God given talents, works his tail off to develop them into skills and uses these skills to accomplish his goals."
"Hopefully one day you'll realize there are more important things in life than money, it's a means to an end is all, it's not the be-all and end-all of life"
"You can chase rainbows and dreams if you like, I've already achieved mine and I'm perfectly content with my lot in life"
"The destination is what your determination makes it"
"Is the juice worth the squeeze?"
"You miss 100% of the shots you never take"
"Fear is not an option for successful traders."
"Contrarians never die. They just fade away."
We shall see more in the coming blogs. HAPPY TRADING, KUTTY.
Yesterday we had a glimpse of Jesse Livermore , one of the greatest traders of all time.
Those who know about his life and story ( it would beat any blockbuster movie ! ) - Please don't bother why he committed suicide or how can he make billions ( today's value ) and can lose it and regain , etc..
We should not think of the actor's personal life when watching his movie. We should simply enjoy the movie. Likewise , rather than dwelling on his personal life , any trader who wants to improve should just study his rules and strategies.
We shall see some of the excerpts from the book - Reminiscences of a stock operator - one of the best books in stock market history.
"You can't win if you don't bet"
"The one defining characteristic of successful traders is their refusal to quit in the face of adversity"
"Being a successful trader also takes courage: the courage to try, the courage to fail, the courage to succeed, and the courage to keep on going when the going gets tough"
"Trading is an obsession, passion, the best entertainment, a challenge, the most fascinating game humans ever invented, a science, an art, the way of living and thinking, the strongest desire you ever had, an intellectual and physical fitness exercise and much more. Look inside your soul. If you don't feel this way about trading then you should not be trading at all. However if some of that resonates with you then don't give up. Work hard, sweat, get frustrated, create, test, enjoy the triumphs and suffer losses, become a great trader and make as much money as you want!"
"A winner is someone who recognizes his God given talents, works his tail off to develop them into skills and uses these skills to accomplish his goals."
"Hopefully one day you'll realize there are more important things in life than money, it's a means to an end is all, it's not the be-all and end-all of life"
"You can chase rainbows and dreams if you like, I've already achieved mine and I'm perfectly content with my lot in life"
"The destination is what your determination makes it"
"Is the juice worth the squeeze?"
"You miss 100% of the shots you never take"
"Fear is not an option for successful traders."
"Contrarians never die. They just fade away."
We shall see more in the coming blogs. HAPPY TRADING, KUTTY.