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RE: Bulls Make Money. Bears Make Money. Pigs get Slaughtered

in #psychology7 years ago

The ideas shared here apply not just to trading but every aspect of life, every aspect of our business endeavors , even in mundane activities like the fantasy premier league.

These points stood out

No matter how good it looks, if your system's trade entry rules have already passed you by, then you need to let it go.

Yeah, let it go and wait for the next band wagon to jump on. Not to jump and miss your footing. Packing losses when the profits have been made by those who got on earlier.

If the trend is bullish, then take longs. If the trend is bearish, then take shorts. It's a pretty simple concept that keeps you on the right side of market momentum.

Yes sir, be flexible you mean. Like I said, applies to virtually all areas. Strong points you made.

Great read for me.

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Pretty cool that you can take these blogs and apply them to more than just trading.

Thanks for the great comment mate!