Importance of record keeping is as old as Wall Street.
"I urge you to keep a little notebook with you. Jot down interesting market information: thoughts that may be helpful in the future; ideas that may be re-read from time to time. Little personal observation you have made on price movements. " Livemore
" Those who plot data by hand often develop a physical feel for prices." A. Elder
"The shock of the experience gave me clarity. I understood that stocks don't go up and stay up because of stories, tips, or people's opinions; they go up for specific reasons." Stuart Walton, Market Wizard
"Once you were right about the trade numbers, it would hardly be surprising that you would get the direction of the market right. Even dreaming about the exact price levels is not so absurd, because you have an exceptional feel for market swings. "Lipschutz. Market Wizard
I constantly try to figure out how the market can trick or frustrate the majority of investors. Mark Minervini
No comments:
Post a Comment