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The Science of Getting Rich: CHAPTER VII [excerpt] by Wallace D. Wattles #Gratitude

--- Gratitude THE ILLUSTRATIONS GIVEN IN THE LAST CHAPTER will have conveyed to the reader the fact that the first step toward getting ...

Monday, July 11, 2011

King Solomon on FX Trading Psychology - Proverbs for traders


New Living Translation (©2007)


3:13-26 13 Blessed is the man who finds wisdom,
the man who gains understanding,

14 for she is more profitable than silver
and yields better returns than gold.

15 She is more precious than rubies;
nothing you desire can compare with her.

16 Long life is in her right hand;
in her left hand are riches and honor.

17 Her ways are pleasant ways,
and all her paths are peace.

18 She is a tree of life to those who embrace her;
those who lay hold of her will be blessed.

19 By wisdom the LORD laid the earth’s foundations,
by understanding he set the heavens in place;

20 by his knowledge the deeps were divided,
and the clouds let drop the dew.

21 My son, preserve sound judgment and discernment,
do not let them out of your sight;

22 they will be life for you,
an ornament to grace your neck.

23 Then you will go on your way in safety,
and your foot will not stumble;

24 when you lie down, you will not be afraid;
when you lie down, your sleep will be sweet.

25 Have no fear of sudden disaster
or of the ruin that overtakes the wicked,

26 for the LORD will be your confidence
and will keep your foot from being snared.

4:5-9 5 Get wisdom, get understanding;
do not forget my words or swerve from them.

6 Do not forsake wisdom, and she will protect you;
love her, and she will watch over you.

7 Wisdom is supreme; therefore get wisdom.
Though it cost all you have,a get understanding.

8 Esteem her, and she will exalt you;
embrace her, and she will honor you.

9 She will set a garland of grace on your head
and present you with a crown of splendor.”

4:13 Take hold of my instructions; don't let them go. Guard them, for they are the key to life.

8:1 Listen as Wisdom calls out! Hear as understanding raises her voice!

9:9 Instruct the wise, and they will be even wiser. Teach the righteous, and they will learn even more.

10:4 Lazy people are soon poor; hard workers get rich.

10:14 Wise people treasure knowledge, but the babbling of a fool invites disaster.

11:2 Pride leads to disgrace, but with humility comes wisdom.

11:13 A gossip goes around telling secrets, but those who are trustworthy can keep a confidence.

12:1 To learn, you must love discipline; it is stupid to hate correction.

12:15 Fools think their own way is right, but the wise listen to others.

12:24 Work hard and become a leader; be lazy and become a slave.

13:18 He who ignores discipline comes to poverty and shame, but whoever heeds correction is honored.

14:8 The prudent understand where they are going, but fools deceive themselves.

14:15 Only simpletons believe everything they're told! The prudent carefully consider their steps.

14:23 Work brings profit, but mere talk leads to poverty!

14:24 Wealth is a crown for the wise; the effort of fools yields only foolishness.

15:22 Plans go wrong for lack of advice; many advisers bring success.

15:32 If you reject discipline, you only harm yourself; but if you listen to correction, you grow in understanding.

16:3 Commit your actions to the LORD, and your plans will succeed.

16:16 How much better to get wisdom than gold, and good judgment than silver!

16:20 Those who listen to instruction will prosper; those who trust the LORD will be joyful.

16:32 Better to be patient than powerful; better to have self-control than to conquer a city.

17:16 It is senseless to pay tuition to educate a fool, since he has no heart for learning.

18:2 Fools have no interest in understanding; they only want to air their own opinions.

18:9 A lazy person is as bad as someone who destroys things.

18:15 Intelligent people are always ready to learn. Their ears are open for knowledge.

19:8 To acquire wisdom is to love oneself; people who cherish understanding will prosper.

19:20 Get all the advice and instruction you can, so you will be wise the rest of your life.

20:15 Wise words are more valuable than much gold and many rubies.

20:18 Plans succeed through good counsel; don't go to war without wise advice.

20:23 The LORD detests double standards; he is not pleased by dishonest scales.

21:5 Good planning and hard work lead to prosperity, but hasty shortcuts lead to poverty.

21:22 The wise conquer the city of the strong and level the fortress in which they trust.

21:24 Mockers are proud and haughty; they act with boundless arrogance.

21:25 Despite their desires, the lazy will come to ruin, for their hands refuse to work.

22:1 Choose a good reputation over great riches; being held in high esteem is better than silver or gold.

22:4 True humility and fear of the LORD lead to riches, honor, and long life.

22:29 Do you see any truly competent workers? They will serve kings rather than working for ordinary people.

23:4 Don't wear yourself out trying to get rich. Be wise enough to know when to quit.

23:5 In the blink of an eye wealth disappears, for it will sprout wings and fly away like an eagle. (FX for sure here! LMAO)

23:12 Commit yourself to instruction; listen carefully to words of knowledge.

23:23 Get the truth and never sell it; also get wisdom, discipline, and good judgment.

24:10 If you fail under pressure, your strength is too small.

24:14 In the same way, wisdom is sweet to your soul. If you find it, you will have a bright future, and your hopes will not be cut short.

24:33-34 A little extra sleep, a little more slumber, a little folding of the hands to rest-- then poverty will pounce on you like a bandit; scarcity will attack you like an armed robber.

26:11 As a dog returns to its vomit, so a fool repeats his foolishness.

26:12 There is more hope for fools than for people who think they are wise.

27:1 Don't brag about tomorrow, since you don't know what the day will bring.

27:2 Let someone else praise you, not your own mouth--a stranger, not your own lips.

27:9 The heartfelt counsel of a friend is as sweet as perfume and incense.

27:12 A prudent person foresees danger and takes precautions. The simpleton goes blindly on and suffers the consequences.

27:17 As iron sharpens iron, so a friend sharpens a friend.

28:11 Rich people may think they are wise, but a poor person with discernment can see right through them.

28:20 The trustworthy person will get a rich reward, but a person who wants quick riches will get into trouble.

28:26 Those who trust their own insight are foolish, but anyone who walks in wisdom is safe.

29:23 Pride ends in humiliation, while humility brings honor.

King Solomon on wisdom in general


In layman's terms.. SUCK IT UP!



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