August 31, 2005

Lessons from the stock market samurai (cont'd)

Lesson #4: Mysterious are the ways of action

He, who sees inaction in action, and action in inaction, is wise among traders. He is the stock market Yogi.
Foolish is the trader who trades actively only for activity. Whether waiting patiently for the right time to begin a trade or holding a position until the correct moment to close, doing nothing can often be the wisest thing to do.

[See other lessons here]

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