I am reissuing this blog because it is REALLY a GOOD READ! I very HIGHLY recommend you read this. Please download the free pdf and read it several times.
Here is an Essay about what a Trader/Investor really needs to be succesfful. A very good essay and publicly available for download here: http://files.meetup.com/1762890/5%20Rules%20for%20Successful%20Trading.pdf
Thanks asshole now I have more to read this weekend. Jk thanks I've been reading up on Elliot theory lately
#5 is key. And the last paragraph is gold!
Damn right!
Awsome! Ty
Hahaha, I LOVE the Experience section. From paper trading lessons to real loss lessons! Preach!
Thanks for sharing this essay! Really informative
Thoroughly enjoyed reading that - sounds like a very humble man with sound advice!
Yes, but Robert Prechter made a severe mistake from 2009 to 2016 in tenaciously calling for DOW 400 crash. He underestimated the Feds and didn't realize until too late that he was herding with the Permabears.
As result of such horrible calls, the market has meanly coined the term: "Don't get Prechterized!"
From the side lines, I've learned not to herd and try hard to catch myself. It's very difficult to do.
THANK YOUUUUUU. WOW this was gold!