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Friday, July 10, 2009

Know this

...cont'd discussion about
Think and Grow Rich!: The Original Version, Restored and Revised, herein referred to as "TAGR".

Chapter Five: Specialized Knowledge

TAGR in this chapter advises that “you will require specialized knowledge of the service, merchandise or profession which you intend to offer in return for fortune.” Furthermore, knowledge is only potential power and that “it becomes power only when, and if, it is organized into a definite plan of action and directed to a definite end.”

Applied to trading, this means you need to schedule time for learning about trading and you need to organize what you learned into a trading plan.

...back next week...

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