10 of the Worlds Most Powerful Trading Rules newtraderu.com/2015/08/10/10-…

"Systems don't need to be changed. The trick is for a trader to develop a system with which he/she is compatible." ~Ed Seykota

I heard Perma Bears & Short Sellers 🐻 are going to take a knee at the opening bell tomorrow if it opens green.

Planning each and every trade is important. Here's a few things to keep track of and log: ow.ly/v5c830f2g7P

"The best trades are the ones in which you have all 3 things going for you: fundamentals, technicals, & market tone." ~Michael Marcus

“Comfort destroys ambition. Don't get comfortable.” - Robert Kiyosaki

"When the news is wonderful and a market can't go up, then you want to be short." ~Michael Marcus

"If you don't stay with your winners, you are not going to be able to pay for the losers." ~Michael Marcus

Daytrading/scalping (mostly scalping) SVXY and UVXY multiple times daily using VXX as a lead indicator. Anyone else trading similar?

A key to trading success is focusing your efforts, not expanding them: tinyurl.com/yaheubdo #tradingpsychology

It’s okay to start over. It’s okay to rebuild. It’s okay to be scared.

All your trades should end in one of four ways: a small win, a big win, a small loss, or break even. You should never experience a big loss. If you can get rid of big losses, you have a great chance of being profitable for years to come.

The best advice I can offer newbies: 1. Limit loss per trade to 1% of capital (2% max) 2. Learn that 80% of trades are throw-aways. Play for the 20%. 3. Don't worry about catching tops/bottoms. The money is made between the 30-yard lines

I started making alot of money when I realized a few things: 1/ I couldn't consistently predict markets 2/Nobody else really can either 3/I don't need to "predict"to be profitable 4/It OK to be wrong in trades as long as I don't stay wrong and fight it. 5/I'm OK being wrong.

“The biggest thing about making money is time. You don’t have to be particularly smart; you just have to be patient.” - Warren Buffett #SaturdayMorning

Our impulses are terrible trading tools. One third of successful trading is keeping the right mindset. Ego, fear, and greed can cause you to be on the wrong side of the market.

Why Bollinger Bands Are So Popular newtraderu.com/2017/04/06/bol… Guest Post by Colibri Trader (a.k.a. Atanas)

just broke +$10K on the day! like clock work.......alot of people will get pissed at me for saying this... BUT THIS IS EASY MONEY!!!!!!!!!!!!!!! when the setup is there and you have the right game plan with rulez you just keep busting out the same play over and over!