Category: Bruce Lee
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You must adapt to changing stock market conditions and how I almost killed my swing trading career
An underrated but critical attribute of successful swing traders is the ability to adapt to market conditions. In the trading game, nothing lasts forever. The stock market is an organic beast that constantly changes conditions, and those that can keep up with the changes win. Markets trend, markets chop, markets…
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Strategic Flexibility is a Key to Trading Success
Your strategy has to be flexible enough to change when the environment changes. The mistake most people make is they keep the same strategy all the time. They say, “Damn, the market didn’t behave the way I thought it would.” Why should it? Life and the markets just don’twork that…
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A Reader Criticizes My Non-Technical Impulsive Trading
A reader seemed disappointed with Friday’s “not-so-technical” trades. In that post, I said I was annoyed and pissed off by a market making non-sensical knee jerk moves. To take advantage of an emerging pattern (market is up one day and down the next), I went long the indexes on extreme…
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Quality, Trading and Bruce Lee
My dad used to tell me never to do anything “half-assed.” Bruce Lee put it more eloquently: I have found, after much soul searching, that deep down what I honestly value more than anything else is quality; doing one’s best in the manner of the responsibility and craftsmanship of a…