Your Daily Bit of Wall Street Wit & Wisdom

Patton biography

My 1965 copy of the Patton biography

“Take calculated risks. That is quite different from being rash.”
— George S. Patton

One of the keys to successful speculation is developing a trading method.  Your strategy should fit comfortably with your mentality.

Your considerations include where, how and why you will enter and exit each trade.  It’s vital to apply principles of sound money management in your trading.

Using a trading method doesn’t guarantee you’ll always win.  It does increase the likelihood you’ll survive and thrive as you vie for fun and profit.

Mind, method, and money management are the 3 cornerstones of your Complete Game Plan for Trading Success.

Let me know if you have any questions.  I always enjoy hearing from my great subscribers, even when you tell me my picks are crazy!

Good luck in your trading.

Best regards,

Steve

 

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