读书笔记

Author : Jack D. Schwager
key points to become a good future trader:
Floor future trader has unique experience: how the market response with the intraday chart points.
1. "You've got to learn how to fall, before you learn to fly."---- Paul Simon
2. "It should be emphasized that leverage is a two-edged sword."
3. "I learned that if you shoot for what you want, you stand a much better chance of getting it because you care much more."
4." Trading is emotion. It is mass psychology, greed, and fear."
5. "The times when you least want to think about trading-- the losing periods-- are precisely the times when you need to focus most on trading."------We should always have the reverse thinking.
6."Win or lose, everybody gets what they want out of the market. 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."---- Ed Seykota.
7. "It is a happy circumstance that when nature gives us true burning desires, it also gives us the means to satisfy them."----- Ed Seykota
8. "If the market is letting you off the hook easily on a position for which there was a basis for fear( such as a fundamental development adverse to the position or a technical breakout in the opposite direction), there must be strong underlying forces in favor of the direction of the original position.
9.<Technical Analysis of Stocks and Commodities> Dr. Van K.Tharp
10."Our brains have a limited capacity for processing information. If your mind is preoccupied with worry, that worry takes up most of the decision space, and you don't have enough capacity left to perform effectively."----- Dr. Van K. Tharp
11." The successful speculators have learned that an essential ingredient to winning is to make it OK to lose."---- Trader should not be anxious about the loss or stress.
12.A man should do the thing he dreamed about.
The Market Wizards 2 nd edition
1." Men are from Mars because they missed the flight to Venus."
2. "Before Einstein, the idea that time was constant seemed so apparent that the alternative was not even considered. By questioning the obvious and realizing that the accepted view had to be wrong, Einstein made the greatest strides in the history of science."