My Trade Diary

I have moved to another blog as some extra features were required to express a trading system which I have derived, which is neither for sale or disclosure. However, anybody with a basic knowledge of technical analysis would find it interesting.

For invite, please email to – novicetrader at eim dot ae

• Michael Marcus: Turned a $30,000 account into over $80 MILLION
• Tom Baldwin: $25,000 into over $2 Billion
• Paul Tudor Jones: Triple digit returns five years in a row.
• Ed Seykota: 250,000 percent return on his account over 16 years!
• Nicolas Darvas (the best): $25,000 into $2,25 million (in 18 months)
• Richard Dennis: Turned a $2,000 into $200 Million.  
• Jesse Livermore: $500 - $100 million - $0 - $100, million - ZERO....
• Steve Cohen: Manages billions of dollars and averaged returns of 90% during the past seven years

(1) Law of LOVE - It says in essence - "LOVE ALL PEOPLE AS YOURSELF". All other rules are subordinate to this one Law - they must NOT conflict with it. It's biblical. It applies to everything we do - as individuals - families - business teams - organizations - countries. It is Global in its reach.

(2) Law of CAUSE & EFFECT - This is an orderly universe. There are no accidents. Everything happens for a reason. For every effect there's a cause or a set of causes.

(3) Law of MIND - Thoughts objectify themselves. We 'become' what we 'think about'.

(4) Law of MENTAL EQUIVALENCY - To achieve success in any area, we must have a 'clear image' of that success in our mind a mental picture of our idea of success - a vision.

(5) Law of CORRESPONDENCE - Our outer life will mirror our 'inner' life. There is a 'direct correspondence' between our experiences and our thoughts and    more ...

Empty your mind, be formless, shapeless - like water. Now you put water into a cup, it becomes the cup, You put water into a bottle, it becomes the bottle, You put it in a teapot, it becomes the teapot. Now water can flow or it can crash! Be water my friend.
Bruce Lee.

Simplicity is the key to brilliance.
Bruce Lee

Ever since I was a child I have had this instinctive urge for expansion and growth. To me, the function and duty of a quality human being is the sincere and honest development of one's potential.
Bruce Lee

I'm not in this world to live up to your expectations and you're not in this world to live up to mine.
Bruce Lee

If you always put a limit on everything you do, physical or anything else. It will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them.
Bruce Lee

Love is like a friendship caught on fire. In the    more ...

Source: http://www.themoneyblogs.com/steve/my.blog/how-to-beat-the-market-consistently.html

There is a wonderful book about how to become wealthy and if you haven’t read it, I highly recommend that you do.  It is called “Think and Grow Rich” by Napoleon Hill.  It is not about trading.  As a matter of fact it really doesn’t tell you exactly what to do to become rich.  It is not even necessarily about how to gain financial wealth, but how to gain abundance of whatever it is that you do want in this life.  I think that for many of us financial wealth is one of our goals-it is one of the reasons (if not for some of us the only reason that we trade).  Despite this “goal” many people who take on the endeavor of trading consistently lose money in the markets.  As a matter of fact, that is the way that trading works-it is not that 60% of the people win and 40% lose, or 50% win and 50% lose...it is more like 2% of people win and 98% lose.  I don’t think that anyone has the real data on this, but the    more ...