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Sunday, September 9, 2007

Market Trader Tao... Eight...

The strongest position is with the Trend
Flow with it as water.

Do not struggle with the correction
move smoothly without hesitation
Treat the reversal as a bolder in the stream.

Others fear the low places.
Be as water and seek the low places

Trade in that which you like and understand.
Be kind to your self.
Encourage your self in speech.
Govern your self in thought.
Work earnestly, skillfully and diligently.
In trading, be efficient, act only when the time is right.

Do not compare your self to others.
Above all, do not place blame when thing go wrong.



Market Trader Tao Eight


"The Wise trader is patient, always seeking the trend. Moving as water over the obstacles, have faith in the planning. Always be ready to act when the time is right."
NeboXian

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1 comment:

Unknown said...

This is great advice. Fighting the trend is one of the biggest mistakes that all traders make. It is always better to be "on the tao".

Bill Henner
www.youronlineprotradingmarketplace.com