GAIL'S BLOG

Rules of Trading Applied to Life

Many years ago I attended a lecture on trading in chaos and uncertainty.  The times have changed since then and the marketsNUMBERS are very different.  We now have algorithms and electronic trading but there are rules that we still apply.  Here are a few that can be used for trading and for success in life:

  • The safest time to make a move is when there is the most uncertainty.
  • Embrace the uncertainty
  • Better to embrace change than “chase”
  • Act on knowledge
  • Train yourself to act.
  • The system you use must fit your life style
  • You need the confidence of a winning approach
  • Learn to manipulate the odds in your favor.
  • Think like the rich.  The rich get richer.
  • Let good things happen.
  • Let someone else’s  “panic be your profit”

 

 …

Read More »