Thought For The Day

flea

Active member
Messages
160
Likes
22
"When you understand how any number of typical market-related fears operate in your life and learn to release yourself from them, you will, in effect, be separating yourself from the 'crowd.' When you separate yourself from the 'crowd' and expand what you know about the forces affecting your behavior to encompass the group, it will be much easier to anticipate what the group will do because they will merely represent a larger (collective) version of the way you used to be. In other words, you will know how other traders will behave before they do because you will be able to observe them from a detached perspective - due to your having evolved beyond the choice-less state of operating out of fear."

- Mark Douglas, author: The Disciplined Trader
 
Top