Aug 26, 2010

Rise Above The Crowd

"Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.

If you want to have a better performance than the crowd, you must do things differently from the crowd."


Sir John Templeton

I will be back on my trading desk next monday. Markets are very active, there will be a lot of things to do.

Have a great trading day.

PS: Still playing the Nikkei, looking forward to add some more contracts later today; closed short Australian Dollar trade;