Your Super Sunday Bit of Wall Street Wit & Wisdom

Ahead of today’s Super Bowl, here are a couple of quotes from the legendary coach:

“The price of success is hard work, dedication to the job at hand, and the determination that whether we win or lose, we have applied the best of ourselves to the task at hand.”

“The best game plan never blocked or tackled anybody.”
–Vince Lombardi

The football wisdom from one of Fordham’s famed Seven Blocks of Granite is applicable to trading and to life, as well.

The best coaches have their teams prepared to meet any potential game situation.  So to, the best traders have a complete game plan in place ahead of every move.  They are ready for any potential market situation.

Then, to carry out that plan, it’s a matter of execution.

Lombardi time meant 15 minutes early.  In trading, timeliness is key.  Dedicated preparation in setting out your game plan for each trade won’t determine or guarantee your success.  But, along with courage and some luck, you increase the probability of your hard work paying off.

Best regards,

Steve

Leave a Reply

Your email address will not be published. Required fields are marked *