>Truth Of Trading

The following brief excerpt from a legendary trader brings out the essence of trading.
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TRUTH:

"BEFORE YOU CAN SUCCESSFULLY PLAY THE MARKET, YOU MUST HAVE A CLEAR CONCISE STRATEGY AND STICK TO IT.

EVERY SPECULATOR MUST DESIGN AN INTELLIGENT BATTLE PLAN, CUSTOMIZED TO SUIT HIS EMOTIONAL MAKE UP BEFORE SPECULATING IN THE STOCK MARKET.

THE BIGGEST THING A SPECULATOR HAS TO CONTROL ARE HIS EMOTIONS. REMEMBER THE STOCK MARKET IS NOT DRIVEN BY REASON, LOGIC OR PURE ECONOMICS BUT BY HUMAN NATURE WHICH NEVER CHANGES. HOW CANT IT CHANGE? IT IS OUR NATURE"

JESSELIVERMORE