Systems don't need to be changed. The trick is for a trader to develop a system with which he is compatible.

There are old traders and there are bold traders, but there are very few old, bold traders.

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

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

I think that if people look deeply enough into their trading patterns, they find that, on balance, including all their goals, they are really getting what they want, even though they may not understand it or want to admit it.

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.

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.