Dear Friends,
I find today's "Jesse Livermore's Quote of the Day" to be most apt. The Quotes can be read at my blog in the panel just below the Blog Categories Panel. I quote -
"If a stock doesn't act right, don't touch it; because, being unable to tell precisely what is wrong, you cannot tell which way it is going. No diagnosis, no prognosis. No prognosis, no profit."
This is an excellent reminder to us that we don't have to trade / invest all the time. Choose the right market, the right instrument, and the right timing, where we will enjoy a Winning Edge, so that you will grow richer with time.I find today's "Jesse Livermore's Quote of the Day" to be most apt. The Quotes can be read at my blog in the panel just below the Blog Categories Panel. I quote -
"If a stock doesn't act right, don't touch it; because, being unable to tell precisely what is wrong, you cannot tell which way it is going. No diagnosis, no prognosis. No prognosis, no profit."
If the market is not right, and we cannot understand it well, always be prepared to walk away. Only a gambling addict will need to play the game all the time. As professionals, we play to win, to make money, and not for the sake of playing. Of course, the fun comes when we win. Haha. Enjoy! Be happy!
Best wishes,
Ooi
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