The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.

Dramatic and emotional trading experiences tend to be negative. Pride is a great banana peel, as are hope, fear, and greed. My biggest slip-ups occurred shortly after I got emotionally involved with positions.

Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.

I turn bullish at the instant my buy stop is hit, and stay bullish until my sell stop is hit.

The trend is your friend except at the end where it bends.

Good traders trade. Good letter writers write letters.

Traders and Surfers both have to deal with feelings of missing out on the small ones, until the big one comes along. They also have to deal with feelings of staying with the big one.