In a bear market, you have to use sharp countertrend rallies to sell.

If you don't work very hard, it is extremely unlikely that you will be a good trader.

The Heisenberg principle - If something is closely observed, the odds are it is going to be altered in the process. The more a price pattern is observed by speculators the more prone you have false signals; the more the market is a product of nonspeculative activity, the greater the significance of technical breakout

Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks.

Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined primarily by the maximum dollar amount you are willing to lose

If you personalize losses, you can't trade.

In a bear market, you have to use sharp countertrend rallies to sell.