(Source: 50pipsfx.com)
Tag Results: 50pips
“Your growth always lies on the other side of your discomfort. Whether it’s in the weight room or in career decisions, you’ll never develop yourself by staying in your comfort zone. People don’t become old when they reach a certain birthday; they become old when they decide to live life without crossing that line of discomfort.”
Brett Steenbarger
“Discipline is by far the hardest part of trading. Poor discipline will ruin the best trading plans and the most brilliant assessments of technical analysis. No matter how much you know, no matter how hard you work, you will always be at the mercy of your self-discipline. Traders will face their discipline problems when the pain of losing becomes greater than pain of having to change.”
Dr. Charles B. Schaap
“Ultimately, the only thing that really counts is to be here day in and day out… it’s not about your last trade, it’s about consistency and longevity.”
50, Thought of the Day… « 50’s Blog
Yep. Very true. Same concept as sunk costs in business investments.
“Do not move unless it is advantageous ~ Do not execute unless it is affective ~ Do not challenge unless it is critical - Sun Tzu”
Thought of the Day… « 50’s Blog
I remember when I found you both on Twitter. During the choppy summer of 2009. Bah! But it’s been good times and rough times and good times again trading with you 2 gentleman. The bond has certainly grown to many many more traders since then.
:)
