WORDS TO TRADE BY

-

"Outperforming the market is a difficult task."

―John Templeton


While outperforming the average returns of the market isn't impossible, it is tough. Only a few very serious traders have ever pulled it off on a consistent basis.

That's why it's important to focus your efforts on matching the average return of whatever market you are trading in. The market has a mind of its own and can be unpredictable. So if you can reach its average return, you're doing fine.

Don't get greedy. Use your trading strategy to minimize your risk and maximize your returns on a regular basis. Remember, consistent profit is better than sporadic profit if you're thinking long-term!

Comments

Post a Comment

Popular posts from this blog

Wherever You are NOW is Your Decision

-
Image
                                        Photo credit: entrepreneurfail According to research, very few people are successful at anything at first. I included. The reason only a tiny percentage of the population achieves any significant success or wealth through stock is that few are willing to go through the process of what it takes to achieve in the stock market, and there is no shortcut. In fact, everybody has to go through four levels of learning every single time, and often, in the process - fail, regroup and begin again. Most people blame others like government policies, currency fluctuation, political instability, the election for stopping their progress, but in truth, there's only one person who can put on the parking break and that person is YOU. Furthermore, many people drive around with the break on without knowing it, or once awareness arrives, don't know how to lif...
Read more