best piece of advice you have been given

[stueytrader]

I like audio books but they always send me to sleep and I don't know how far I've got. Nice on a long drive but I don't have many of those. You can't beat good old paper for flicking back and forward and covering in highlighter pen.

Not sure sleeping and driving is recommended Shaun!

I'm with you on the paper issue though - I love an actual book to hold and see the pages (but I'm old school like that).

[nivi7]

you need a reason to get in a trade
you need a reason to get out of the same trade

[stueytrader]

I like audio books but they always send me to sleep and I don't know how far I've got.
...

lol I can relate to the struggle man

Good quote for the aggressive types out there:
"It's not about what you can make, it's about what you can keep."
 

Reminds me of a Poker concept - stack protection. It often seems harder to hold on to winnings (in many forms of trading or gambling) than to make winnings. The latter is relatively easy to do, the former much less easy if you trade/bet regularly. In Poker it's like winning a massive hand early in a tournament, then trying not to blow it.

[stueytrader]

What you cannot do is simply sit on your hands indefinately - something true in trading seriously. You must still move forward and risk. A difficult balance with 'stack protection'.