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By Arthur L. Simpson |
April 1, 2009
Arthur L. Simpson is an independent trader and has been a member of the Chicago Open Board of Trade and (now) the MidAmerica Commodity Exchange continuously since 1971. He is a registered floor broker with the National Futures Association.
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By Arthur L. Simpson |
April 1, 2009
"I believe if someone important can have faith and expectations in those around them, it will make a difference in their lives." Phantom of the Pits
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By Arthur L. Simpson |
April 1, 2009
Phantom has indicated it is a combination of knowledge and behavior modification, which he learned over his trading career, that are the important elements in correct trading.
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By Arthur L. Simpson |
April 1, 2009
"There are few things in a child's life that allow a child to play as an adult while allowing an adult to play as a child." Phantom of the Pits
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By Arthur L. Simpson |
April 1, 2009
"You really are looking at a reverse image. Sometimes it is important to see things differently than others." Phantom of the Pits
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By Arthur L. Simpson |
April 1, 2009
"Find the positive in taking small losses rather than getting wiped out. Find the positive in the simple rules we have given you to use. Decide what you want to do with the guidance you have been given!" Phantom of the Pits
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By Arthur L. Simpson |
April 1, 2009
It had to happen, I thought to myself as I took a walk to the top of a small hill just behind my home.
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By Arthur L. Simpson |
April 1, 2009
"You want to establish your position prior to the increase in volatility. This will be your entry of the fourth day when the market breaks above the prior four day's highs." Phantom of the Pits
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By Arthur L. Simpson |
April 1, 2009
Everyone knows the market is always considered correct, and there isn't reason to even dispute this belief. Most of our beliefs have been previously written or have been stated for years or decades by experts.
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By Arthur L. Simpson |
April 1, 2009
"It's all the traders, you and me, who will be satisfied with Rule 3 at its conclusion." Phantom of the Pits