necessity is the mother of invention, page-14

"The pawns are usually the first to be wiped out of the game though !"

Nothing new there Margi, why the pawns need to trade within strict trading rules,trading plan and most of all money management.

"The stock market is never obvious, it is designed to fool most of the people most of the time.

That's why you need to keep basic rules and think against the grain. Cut your loses quick, let you profits ride unless there is a good reason to close position.

Problem is hope often distorts all of this, and hope is like ignorance,greed and fear all of which distort reason."


-Jessie Livermore


Kat..