The sage advice of Jesse Livermore

[Serfcorp]

Repeat after me folks;


I am a consistent winner because;


I objectively identify my edges

I predefine the risk of every trade

I completely accept the risk or i am willing to let go of the trade

I act on my edges without reservation or hesitation

I pay myself as the market makes money available to me

I continually monitor my susceptibility for making errors


I understand the absolute necessity of these principles of consistent success and,therefore,i never violate them..







courtesy of Mark Douglas "Trading in the zone"