Smart man vs wise man.

Maximizing Your Profits with Scoring

SETTING YOUR MAXIMUM INTRADAY TRADING LOSS First things first: set a max intraday trading loss. There will be days when you just do not have it. Why do you think coaches pull their players when they are not playing well? They are more harmful on the field than off. When you are underperforming, you are hurting your team and your trading business. You need a system to yank yourself over to the bench. A stop loss is your answer. TRADING BASED UPON THE TIME OF DAY A good trader makes note of what time of day it is, when he trades most profitably, and adjusts his trading to fit such times. Your numbers at the end of the month will not reflect your true trading potential. Make the most trades with the most size during the trading periods that statistically are most profitable for you. Money saved during your weaker trading periods is money earned. Consistency The fact is that most trades you make will start working for you right away. But the new traders also hold stocks that are trading ag...

Where thought prevails, power may be found!

If you think you are beaten, you are; if you think you dare not you don't; If you like to win, but you think you can't, it is almost certain you won't, If you think you'll lose, you've lost, for out of the world we find success begins with a fellow's will it's all in the state of mind. If you think you are outclassed, you are - you've got to think high to rise. You've got to be sure of yourself before you can ever win a prize. Life's battle don't always go to the stronger or faster man, But soon or late the man who wins is the man who thinks he can. No one knows what hidden forces lie dormant within you. You, yourself, do not know your capacity for achievement, and you never will know until you come in contact with the particular stimulus that arouses you to greater action and extends your vision, develops your self confidence, and moves you with a deeper desire to achieve. The most important turning points of life often comes at the ...

INSPIRE COOPERATIVE AND PERSONAL ACTION

There are essentially two kinds of people of action. One might be called the caretaker type and the other the promoter or salesperson type. Both types are essential in business, industry, and finance. One of them is known as a dynamo while the other is often referred to as a balance wheel. Once in a great while you find someone who is both a dynamo and a balance wheel, but such a personality combination is rare. Most successful business organizations are made up of both types. The balance-wheel type who does nothing but compile facts and figures and statistics is just as much a person of action as the one who gets on a stage and sells an idea to a thousand people by the sheer power of their active personality. To determine whether or not someone is a person of action, it is necessary to analyze both their mental and their physical habits. The world pays you for what you do and not for what you know. That statement might easily be misconstrued. What the world really pays you for ...

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