Daytrading April 1 Morning, page-49

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    Good morning punters
    Timbo asked me to post this

    Seems not everybody has a sense of humour - I added that














    And so timbo's time on HC has come to an end.


    Just wanted to thank you all for a great journey over the last 9 years.


    When I joined HC in 2006 I had total NFI to be honest, and no question HC has helped me become the trader I am today.


    I thought I would leave you with my 10 Commandments on how you can beat the markets and make consistent coins like the Boss:



    1. Price, volume and broker data are all that matter. Don't get caught up trying to use a million indicators. You will drive yourself insane.
    2. With the specs the story matters little. Never believe it as it usually as real as the Boss driving a beer truck for a living
    3. Timing is everything. Get in when you see momentum building, not after a stock has run 100%
    4. Get your mind right. Have a life outside trading and get some exercise. Don't be on the computer all night.
    5. Have a purpose to your trading other than making coins. E.g. to take your kid on holidays/send to school
    6. Losses maketh the trader. Taking an early loss is far more important to making money than backing winners.
    7. Have some fun - remember it is only money
    8. Stay the course - if you believe in yourself you can make more than you ever dreamed
    9. Don't talk about trading to other people. Even your closest friends and family don't get it so don't bore them.
    10. Buy the ones that coil



    Trade well my people and farewell


    timbo
 
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