Waiting for the markets to move a bit, I turn the TV off and reach for one of my books - Livermore's Reminiscences of a Stock Operator.
Page 54:
"My relations with my brokers were friendly enough. Their accounts and records did not always agree with mine, and the differences uniformly happened to be against me. Curious coincidence -- not! Bt I fought for my own and usually had my way in the end. They always had the hope of getting away from me what I had taken from them. They regarded my winnings as temporary loans, I think."
I didn't pay much attention to this passage when I previously read it... Yes, it's OK for my Take Profits not to be hit (because of this or that- not really important.), but my Stop Losses do get triggered every time.
I hope you aren't as bored as I am, but I just wanted to share it with you in case you didn't have much else to think about or do.
Page 54:
"My relations with my brokers were friendly enough. Their accounts and records did not always agree with mine, and the differences uniformly happened to be against me. Curious coincidence -- not! Bt I fought for my own and usually had my way in the end. They always had the hope of getting away from me what I had taken from them. They regarded my winnings as temporary loans, I think."
I didn't pay much attention to this passage when I previously read it... Yes, it's OK for my Take Profits not to be hit (because of this or that- not really important.), but my Stop Losses do get triggered every time.
I hope you aren't as bored as I am, but I just wanted to share it with you in case you didn't have much else to think about or do.
