Be sensitive to subtle differences between 'intuition' and 'into wishing'.

Trying to trade during a losing streak is emotionally devastating. Trying to play 'catch up' is lethal.

Pyramiding instructions appear on dollar bills. Add smaller and smaller amounts on the way up. Keep your eye open at the top.

Good traders trade. Good letter writers write letters.

Markets are fundamentally volatile. No way around it. Your problem is not in the math. There is no math to get you out of having to experience uncertainty.

Psychology motivates the quality of analysis and puts it to use. Psychology is the driver and analysis is the road map.

A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. That's the kind of thing winning traders do.