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Rank: Member Joined: 1/3/2014 Posts: 257
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karasinga wrote:THOUGHT OF THE DAY:
"Why are emotional pain and financial disaster common among traders? The simple answer is that most of us weren't fortunate enough to start our trading careers with the proper guidance." Mark Douglas
best wishes Love this quote...story of my life as a trader
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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karasinga wrote:hisah wrote:karasinga wrote:hisah wrote:karasinga wrote:karasinga wrote:NMG UPDATE. I think prior analysis still stands. Timing will be critical to avoid a painful situation.  hope this helps baby steps... okay...... looks like this might be a good year GFC lows here we are... 
Is there such a term like oversold on oversold 
he he hee. could be extremely oversold. feel like mortgaging the house or sell the farm . do your due diligence. After testing the low at 72 last week with a VWAP of 79.50 the price has reacted. If VWAP closes at the current price of 82 this will be the second positive reaction in the 14 week interval of losses!!! Excessively oversold. This has to reset. Hi hisah. I agree with you on retest.(what I call confirmation) A close >93 will be important. my notes on the chart  best wishes Getting ready for the reversal...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 11/13/2015 Posts: 1,658
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THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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wukan wrote: THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play? That's why many get wiped out for they don't understand that the market is about survival first then success!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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hisah wrote:wukan wrote: THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play? That's why many get wiped out for they don't understand that the market is about survival first then success! Choose your battles/ engagements wisely. Always remember, history ringers in the back sight of your enemy, and a future to look too despite the present. ,Behold, a sower went forth to sow;....
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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This will remain our quote of the day muandiwambeu wrote:hisah wrote:wukan wrote: THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play? That's why many get wiped out for they don't understand that the market is about survival first then success! Choose your battles/ engagements wisely. Always remember, history ringers in the back sight of your enemy, and a future to look too despite the present. best wishes It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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Metch wrote:
@Karasinga, kindly share cartoon for defiant CABL as well. Thanks
CABL update. generally bearish although at exhaustion points. waiting for price to speak to me  hope this helps. It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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wukan wrote: THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play? Lovely words.. Ready to play since 2006 COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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wukan wrote: THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play? For every line I read above I see a big revelation about the truth on the battlefield aka NSE.....This is a-must-read for every Wazuan. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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hisah wrote:wukan wrote: THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play? That's why many get wiped out for they don't understand that the market is about survival first then success! Defense > offense. The main purpose of the stock market is to make fools of as many people as possible.
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