TRADING SCHOOL: Support and resistance explained by Rick Saddler

I grow to trade and trade to grow. My goal is to become better everyday and to share with others what I have learned. Trading is my passion and sharing with others is my method to become a better trader.

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Monday, June 26, 2017

Support and resistance explained by Rick Saddler

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"One of the most useful beliefs of successful trading is that when you dont follow your written rules, then you have made mistake. In addition, if you don`t have such written rules, then everything you do is mistake." ~Van Tharp

"When you realize that your beliefs control your reality, you suddenly have opportunity to completely change your experience of the world by changing beliefs."

"New traders can break under the pressure of short term performance. It's a long term game, short term results can be random in nature."~Steve Burn

"Incosistency is the only thing in which men are consistent" ~Horace Smith

"The day I became a winning trader was the day it became boring.
Daily losses no longer bother me and daily wins no longer excited me.
Took years of pain and busting a few accounts before finally got my mind right." ~Trader

"First of all, mot traders don`t have a winning strategy. Second, even among those traders who do, many don`t follow their strategy. Trading puts pressure on weaker human traits and seems to seek out each individual`s Achilles`s heel" ~Gill Blake

"The one thing I would never do is just put your plan in your brain never do that because your brain will mess with you because you know what is in your brain it is emotion thing and that will change your plan without you knowing it and that is bad way to go" ~Rick Saddler

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Monday, June 26, 2017

Support and resistance explained by Rick Saddler

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