Market Theory

• The market is simple, supply versus demand,
   the balance of greed and fear is how price is determined

• The market is ALWAYS right

• Trade with the market momentum

• The market continually retraces

• Old support acts as new resistance & old resistance acts as new support

• Always sell what shows you a loss and keep what shows you a profit

• One trade won’t make you, but can surely break you

• There will ALWAYS be another trade

• The prepared trader has the greatest chance for success in the markets

• Everything needs to be accounted for once the trade is placed

• There is always more to be learned in the markets

• No one can predict market moves

• Fear your loss might turn into a bigger loss,
   hope your profit may turn into a bigger profit

• Know thyself and thy personality

• Be patient with profits, quick with losses

• A man may beat a stock or certain commodity,
   but no man can beat the stock market