Author Archives: Samuelssonsrapport

We use technical analysis not because we think it means something, but because other people think it means something. We are always looking for market participants to take us out of a trade, and in that sense, knowing the technical … Continue reading →

We use technical analysis not because we think it means something, but because other people think it means something. We are always looking for market participants to take us out of a trade, and in that sense, knowing the technical … Continue reading →

A great company could be a terrible investment if its price has already more than discounted the bullish fundamentals. Conversely, a company that has been experiencing problems and is the subject of negative news could be a great investment if … Continue reading →

I am a firm believer in predicting price direction, but not magnitude. I don’t set price targets. I get out when the market action tells me it’s the time to get out, rather than based on any consideration of how … Continue reading →

My advice to new entrants to stock market is to approach it only with the help of professional advisors. Otherwise stay out of the business and stay completely away from the market. For novices to come in and try to … Continue reading →

I put a great deal of effort into getting the best entry price possible. I feel this is probably one of my strongest skills. In day trading, a good entry price is critical because it buys you time to see … Continue reading →

The essential element is that the markets are ultimately based on human psychology, and by charting the markets you’re merely converting human psychology into graphic representations. I believe that the human mind is more powerful than any computer in analyzing … Continue reading →

People underestimate the time it takes to succeed as a trader. Some people come here and think they can sit with me for a week and become great traders. How many people when they went to college would’ve thought to … Continue reading →

To succeed as a trader, it is absolutely necessary to have an edge. You can’t win without an edge, even with the world’s greatest discipline and money management skills. If you don’t have an edge, all that money management and … Continue reading →

”If you’re not prepared to be wrong, you’ll never come up with anything original.” //Ken Robinson

”The important thing is not to stop questioning; curiosity has its own reason for existing.” //Albert Einstein

Most aspiring traders underestimate the time, work, and money required to become successful. To succeed as a trader, one needs complete commitment. Just as in any entrepreneurial venture, you must have a solid business plan, adequate financing, and a willingness … Continue reading →

Most often, traders have four fears. There’s the fear of being wrong, the fear of losing money, the fear of missing out and the fear of leaving money on the table I found that basically, those four fears accounted for probably … Continue reading →

We know that the random element in the market represents at least 40 to 60 percent activity. Therefore, it’s not logical to look at every tick or to think that every tick or every chart formation has meaning. They don’t. … Continue reading →

“What you pay and who you pay has always mattered and people are starting to care again.” //Howard Lindzon

”End of a matter is better than its beginning, and patience is better than pride”. //Ecclesiastes

Yale did a study recently showing that investors made 300% more by putting money in commodities themselves rather than commodity stocks – that is unless you’re a great stock picker. //Jim Rogers

”Men prefer a false promise to a flat refusal.” //Quintus Cicero

”Weak currency is evidence of a weak economy, which is evidence of a weak government.” //Jim Rogers

If A is success in life, then A equals x plus y plus z. Work is x, y is play and z is keeping your mouth shut. //Albert Einstein

”Never make predictions, especially about the future.” //Casey Stengel

”A month in the laboratory can often save an hour in the library” //Frank Westheimer

”There’s only yourself. The belief is in your own precision.” //Joubert (Max von Sydow), (Three Days of the Condor)

”There’s only yourself. The belief is in your own precision.” //Joubert (Max von Sydow), (Three Days of the Condor)

”Be master of your petty annoyances and conserve your energies for the big, worthwhile things. It isn’t the mountain ahead that wears you out – it’s the grain of sand in your shoe.” //Robert Service

”I believe that the public wants to be led, to be instructed, to be told what to do. They want reassurance. They will always move en masse, a mob, a herd, a group, because people want the safety of human … Continue reading →

”It is the change in the major trend that hurts most speculators. The last gasp of heavy volume provides a great opportunity to sell out any illiquid large holdings. I knew it was foolish to ever catch the tops or … Continue reading →

”Fear keeps you from making as much money as you ought to.” //Jesse Livermore

The world will only stop looking for bailouts when policy makers stop handing them out. //John Hussman

“Models are often useful in illuminating complex problems and quantification is an essential part of decision making. But good models are simplifications, not black boxes whose workings are incomprehensible even to their operators” //John Kay

We don’t look at data neutrally – that is, when the human eye scans a chart, it doesn’t give all the data points equal weight. Instead, it will focus on certain outstanding cases. It’s human nature to pick out the … Continue reading →

We typically trade our beliefs about the market and once we’ve made up our minds about those beliefs, we’re not likely to change them. And when we play the markets, we assume that we are considering all of the available … Continue reading →

We typically trade our beliefs about the market and once we’ve made up our minds about those beliefs, we’re not likely to change them. And when we play the markets, we assume that we are considering all of the available … Continue reading →

Is not some magical source that is the key to the markets, as most people believe. The metaphor of the “Holy Grail” ………….is all about finding yourself. //Van Tharp

But markets do not create victims; investors turn themselves into victims. Each trader controls his or her own destiny. No trader will find success without understanding this important principle at least subconsciously

But markets do not create victims; investors turn themselves into victims. Each trader controls his or her own destiny. No trader will find success without understanding this important principle at least subconsciously

More importantly, if you cannot accept that losses will occur, then you cannot accept a good trading system that will make a lot of money in the long run but might lose money 60 percent of the time. //Van Tharp

Wins and losses are equally a part of trading. That metaphor, to me, is the real secret of the Holy Grail. //Van Tharp

Wins and losses are equally a part of trading. That metaphor, to me, is the real secret of the Holy Grail. //Van Tharp

One of the Grail legends starts out with a short poem that states: “every act has both good and evil results.” Thus every act in life has both positive and negative consequences – profits and losses, so to speak. The … Continue reading →

Life starts out in the neutral position between profits and losses – it neither fears losses nor desires profits. Life just is, and that’s represented by the Grail. However, as a human being develops self-awareness, fear and greed also arise. … Continue reading →

True communication is communion―the realization of oneness, which is love. //Eckhart Tolle

To the ego, the present moment hardly exists. Only past and future are considered important. This total reversal of the truth accounts for the fact that in the ego mode the mind is so dysfunctional. It is always concerned with … Continue reading →

So the single most vital step on your journey toward enlightenment is this: learn to disidentify from your mind. Every time you create a gap in the stream of mind, the light of your consciousness grows stronger. One day you … Continue reading →

‘You are here to enable the divine purpose of the universe to unfold. That is how important you are.’ //Eckhart Tolle

Your whole idea about yourself is borrowed — borrowed from those who have no idea of who they are themselves. //Osho

A goal without an action plan is a daydream. //Nathaniel Branden

”Man may aspire to virtue, but he cannot reasonably aspire to truth.” //Nicolas de Chamfort

”It is always one’s virtues and not one’s vices that precipitate one into disaster.” //Rebecce West

”Only those who dare to fail greatly can ever achieve greatly.” //Robert Kennedy