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Thursday, October 18, 2007

Habits 6 and 7

...continued from yesterday...

Sixth. Synergize. According to Stephen Covey, synergy means 1 + 1 may equal 8, 16 or even 100. In trading, when you pyramid during a winning trade, your pyramid could result far more than double your profits, it could be 8 times, 16 times or even 100 times your profits as compared to a single position without pyramiding.

Seventh. Sharpen the saw. Spend time maintaining and improving yourself so you can trade effectively. Do so in terms of your body’s condition, your spiritual dimension, your mental condition, and your social/emotional condition.

...cont'd tomorrow...

Copyright 2007 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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