For the last year, I've been reading through Trading in the Zone by Mark Douglas. It seems to be one of the top trading books recommended out there and while I believe the book's message is repeatedly repackaged chapter by chapter, it's a good read.
I skim through this book often and have several times come across a few sentences that I wanted to note and keep in mind on a weekly basis.
"Although few would admit it, the truth is that the typical trade wants to be right on every single trade. He is desperately trying to create certainty where it just doesn't exist. The irony is that if he completely accepted the fact that certainty doesn't exist, he would create the certainty he craves: He would be absolutely certain that certainty doesn't exist."
-- Trading in the Zone, Mark Douglas (Chapter 7, pg 110)
:)
Sunday, June 21, 2009
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