Sunday, August 23, 2009

Wise Words

"Although the cheetah is the fastest animal in the
world and can catch any animal on the plains, it will wait until it is
absolutely sure it can catch its prey. It may hide in the bush for a
week, waiting for just the right moment. It will wait for a baby
antelope, and not just any baby antelope, preferably one that is sick
or lame. Only then, when there is no chance it can lose its prey, does
it attack. That, to me, is the epitome of professional trading".

Mark Weinstein from Market Wizards, Jack D Schwager.

Being picky is what I strive to do everytime I take on new trades. Admittedly, I am still not very good at this aspect yet, but I'm working on this.

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