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Old 06-10-2007, 07:52 PM   #4 (permalink)
Traderj
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Default Re: 14 Common Sense Rules for traders

Quote:
Originally Posted by JoseLeon View Post
I read a funny comment about how to trade that made me laugh.
You know the most eye opening thing in the world for new traders that I've talked to is when we get into a huge free fall day and the market is diving 100 points and more... and all those newbies are saying oh my god the market is crashing everybody is selling.......

When I point out to them that EVERY trade has two sides and that for every single one of those people like them that have had panic set in and are selling blindly there is a more experienced trader on the other side, saying awesome look at all the bargains in the market today....
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