It can be very expensive to try to convince the markets you are right.

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

The markets are the same now as they were five or ten years ago because they keep changing-just like they did then

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

My style is basically trend following, with some special pattern recognition and money management algorithms.

The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5. Know when to break the rules.

Risk no more that you can afford to lose, and also risk enough so that a win is meaningful.