Trading Psychology And Discipline
Money in the hand
A speculator should make it a rule each time he closes out a successful deal to take one-half of his profits and lock this sum up in a safe deposit box. This only money that is ever taken out of market by speculators is the money they draw out of their accounts after closing a successful deal.
When a speculator is fortunate enough to double his original capital he should at once draw out one-half of his profit to be set aside for reserve.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Fat Cat Tim Buddy
good idea :) better be safe than sorry
2012-07-30 01:02