Good Traders in Challenging Times I wonder

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	Good Traders in Challenging Times I wonder

chedare

10-31-2008 11:45 PM

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tags:

cowboys, wallstreet, worldexport

chedare says:

Nice work if you can get it, of late gaols full of wrong people.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/36d8c277-b130-4797-94ec-acfa6c037977/5241DB6A-492D-4C06-8B47-637FA669B784/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://content.clipmarks.com/view_clip.aspx?window=true&guid=5FD3ED43-5C95-4674-B4A4-0DEF4586DE4B" href="http://content.clipmarks.com/view_clip.aspx?window=true&guid=5FD3ED43-5C95-4674-B4A4-0DEF4586DE4B" style="font-size: 11px;">content.clipmarks.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://content.clipmarks.com/view_clip.aspx?window=true&guid=5FD3ED43-5C95-4674-B4A4-0DEF4586DE4B"><FONT face="georgia" size="4">4 THINGS ALL GOOD TRADERS DO</FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://content.clipmarks.com/view_clip.aspx?window=true&guid=5FD3ED43-5C95-4674-B4A4-0DEF4586DE4B"><FONT face="georgia" size="3"><B>1. Keep emotions in check. </B>Good
traders don’t let their emotions get the better of them. They stay
neutral and refrain from panicking over a day, week or even a month of
poor performance – especially in these turbulent times. They see the
big picture and make objective trading decisions based on research,
trends and performance over a significant period of time.</FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://content.clipmarks.com/view_clip.aspx?window=true&guid=5FD3ED43-5C95-4674-B4A4-0DEF4586DE4B"><B>2. Like to trade.</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://content.clipmarks.com/view_clip.aspx?window=true&guid=5FD3ED43-5C95-4674-B4A4-0DEF4586DE4B"><FONT face="georgia" size="3"><B>3. Handle risk and uncertainty.</B> Let’s
face it, in life there’s no such thing as a sure thing.  Every
trader has a bad day, but good traders don’t let a bad day in the
markets scare them away from the potential of a brighter tomorrow.
They’re comfortable taking potentially profitable risks and with
investments that aren’t guaranteed — because nothing ever is. They
understand ‘no risk, no return’.</FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://content.clipmarks.com/view_clip.aspx?window=true&guid=5FD3ED43-5C95-4674-B4A4-0DEF4586DE4B"><B>4. Focus on a few techniques</B></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/5241DB6A-492D-4C06-8B47-637FA669B784/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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