Commit this day to memory

Based on my research and experience, I have developed a powerful and profitable belief system: I believe the current trade I am in will be a loser ... a big loser at that.

This may sound pretty negative to all you positive thinkers, but positive thinking can give way to thinking you will win - a surefire formula for buying and selling too many contracts and holding on too long.
After all, if you are positive things will work out, you are certain to hold for a bounce or turn that never comes.
~Larry Williams


Commit this quote to memory.

Quoteth

The more you focus on losing, the better off you will be. Winners plan what to do if their trades don't work out. Losers have no plan for disaster; when it occurs, they don't know what to do ... and are stuck in fear's grip.
~Larry Williams