Lunes, Hulyo 25, 2011

THE TRUE MARK OF AN AMATEUR/PROFESSIONAL TRADER

AMATEUR TRADER

  • The analysts are crooks.
  • The market makers were fishing for stops.
  • My neighbor gave me a bad tip.
  • The message boards caused this one to pump and dump.
  • The specialists are playing games.


PROFESSIONAL TRADER

  • It is my fault. I traded this position too large for my account size.
  • It is my fault. I didn't stick to my own risk parameters. 
  • It is my fault. I allow my emotions to dictate my trades.
  • It is my fault. I was not disciplined in my trades. 



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