Jun

3

 It's the little things that you do that make losing happen. The Heat were up by 15 with 5 minutes to go, and were shadow boxing (James and Wade) and making howling noises, Bosch, and smiling all around. Loose as a goose. Their joy turned to concern, then fear, then paralysis. Same kind of error as the Heat made could cost you your life in trading. I've been up for 48 hours straight to stay out of the Abbey, and it's those little things that sometimes enable one to pay the bills.

Paolo Pezzutti writes:

In Paris, defending champion Francesca Schiavone battled from a set (6-1) and 4-1 down to defeat Russian teenager Anastasia Pavlyuchenkova and reached the French Open semi-finals. It ended 1-6, 7-5, 7-5. What kind of heart and mind it takes to accomplish such things and never give up. In the semi-finals the adrenaline was still there and she beat the French opponent 6-3 6-3.

This sort of "momentum" exists also in trading. This looks like a bear trap. When prices spike to the downside and then return within the range and explode in the opposite direction. Hopefully it will continue today vs. the Chinese Li Na.


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2 Comments so far

  1. aycalifeclub on June 4, 2011 7:20 am

    It's not a little thing, but It's big for neil armstrong :)

  2. david on June 4, 2011 5:33 pm

    CFP that don’t stand for Certified Financial Planner these days, now its (concern, fear, paralysis ) as you put it. seen way to often from little league to hedge fund swinging d%Ks……but since you up late you might want to consider these hours 4 am to 12 noon in the gold pits you might find some there………..at least they better hours than bankers in my opinion. best a a
    d

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