sp movements, page-26

Today was a good day in SDL. I'am convinced - many took profits.
As I say, you can have an day like this and like that.
Who had thought 52c gets taken out. Some re-thought the strategy. But be on alert. The chart does not lie and reflects the action.
"The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor...

As traders we should be aware of both these pitfalls:

"When we are at our most successful, we are also at the greatest risk"

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Failing to maintain strict discipline can sow the seeds of our later destruction. Further, try not to follow what everyone else is doing: remain detached. Shut out as much of the external noise as you can. Do not seek reassurance from others. Make Your Own Decisions. Essentially you are on your own. All that you have to protect yourself is self-discipline.

"I trade for a living" - SDL - It's only stock.