Thought of the day!

For most of us our greatest desire as traders is to achieve steady, positive returns that compound on a daily basis. But trading is not and will never be a job with the predictability of a bi-weekly paycheck because Mr. Market is unlike any boss you will ever have.

In the normal world of salaried employees we get paid irrespective of whether we are having a good day or bad one. In fact for may of us we can even play hookie, or call in sick and do no work at all and still get paid. At worst if we are commission based employees like salespeople, we simply do not get any cash if we perform poorly on any given day. Mr. Market however is a much more insidious boss. Not only does he not pay you on any day that you do not work, but he actually goes into you bank account and pulls out money that you already posses, the moment you make a mistake.