Quote from the Traders Magazine Interview 2004 Paul Rotter: The Worlds most Successful Trader

Q: Why don't you have any problems with closing out the position and even taking the opposite direction? Shouldn't a trader stick to his opinion?

A: No, definetly not. an analyst or some kind of gure has to stick to it, but as a trader you should have no opinion. The more opinion you have, the harder gets it to get out of a losing position. 

One of the most used sayings in the stock market is “Trade what you SEE, not what you THINK”. Just wonder how many traders took this simple advice seriously and understood its real meaning. It they were, I am sure they would increase their trading profits multi-folds.

Quote from the Traders Magazine Interview 2004 The Worlds most Successful Trader

Lots of people go into trading as a way to get rich quick. The fact is that rarely if ever will happen. Trading is a career and a life-long study.  The markets are always changing, and they are always the same. I have invested so much time, money, and study into trading. To excel in trading requires extremely hard work and discipline.

Paul Rotter: The World's Most Successful Scalping Trader

MYSTERY OF THE YEAR

Finding the Flipper

It has been a source of great debate among traders on the Eurex all year: Who is the Flipper? Is there a Flipper? Is there in fact more than one Flipper? Could there be a whole organized army of Flippers? How many Flippers does it take to screw in a light bulb?

Welcome to Keith Kong website.