Reminders that surround my trading computer screen:
Small plays, equal plays, many plays; 4:1 Reward to Risk; never use statistics without logic; get rich quick vs. get rich steady; the risk for incredible success is the very same risk for incredible failure; the News creates a story when there is none in order to justify its existence; 13 x 34 EMA (exponential moving average); be yourself-but have a good editor; there is no monopoly on common sense; if you can’t outperform the market then just buy the SPY~! Risk = Probability + Consequences (good and bad); risk tolerance is found by experiencing risk consequence.
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