Coffee, Tweet Wisdom, and Market Psychology

The Psychology of Trading: The Three C?s - Mastering the self-control battle.

How to find good setups before 4% breakouts- How @lasertrader scans for fast scalp plays

DENIALISM: A Stock Trader’s Disease – Analyzing the rash decision making process that hurts us

Three Questions to Ask In Finding Your Timeframe – “I can shoot from the hip in the markets but have learned I execute better with a blueprint.”

Quote of the Week

“At the core of every successful trader lies a defined trading strategy, which ultimately provides a statistical and proven edge. The reality is that you simply need a slight edge and the patience to exercise that edge over and over again.” � �~Quint Tatro from “Trade the Trader”

Tweet Wisdom

A lot of great tweets on the stream to close out the year.

We worry too much. But then again maybe that’s the key to long term survival in this biz. That fine balance between greed and fear�@hcpg

The market is not a witch. The market is you.�@eddyelfenbein
How to tell if a trade is gonna be a BIG winner?? In my humble opinion: If the trade works within 5-10 minutes.�@traderstewie
The best tweets about trades are ideas that haven’t yet triggered, long & short, entries, bail point, target.�@daytrend
“[W]hat appears to be populism is actually a roundabout way of sucking up to the powerful.” cf. Santelli, Beck et al.@condoroptions
Buy the rumor, sell the speculation, forget the news.@stockhollywood
My resolution is: to know more while thinking less. Happy New Year all!@traderturkey
Don’t trade just to be busy. Use your time wisely, and study, review and analyze during slow periods. @arnuminous
Teach a trader overbought and oversold and they’ll trade for a day. Teach them how to read price and they’ll trade for life. @jackdamn
“If you propose to speak, always ask yourself, is it true? is it necessary? is it kind?” ~Buddha �@sunrisetrader

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