Saturday, December 02, 2006







Confidence and fear are contradictory states of mind that both

stem from our beliefs and attitudes. To be confident, functioning in

an environment where you can easily lose more than you intend to

risk, requires absolute trust in yourself. However, you won't be able

to achieve that trust until you have trained your mind to override

your natural inclination to think in ways that are counterproductive

to being a consistently successful trader. Learning how to analyze the

market's behavior is simply not the appropriate training.

Sunday, November 26, 2006



When you operate from the assumption that more or better

analysis will create consistency, you will be driven to gather as many

market variables as possible into your arsenal of trading tools. But

what happens then? You are still disappointed and betrayed by the

markets, time and again, because of something you didn't see or give

enough consideration to. It will feel like you can't trust the markets;

but the reality is, you can't trust yourself.