“Everything you can imagine is real.”
10 THOUGHTS ON THE DAY
1. SIDEWAYS MARKETS TIRE/FRUSTRATED INEXPERIENCED TRADERS INTO MAKING ERRORS
2. NEEDING THE MARKET TO DO SOMETHING DOES NOT CREATE AN OBLIGATION ON BEHALF OF THE MARKET TO DO ANYTHING
3. ALL YOU NEED IS ONE GOOD TRADE
4. YOU DON'T NEED TO KNOW WEATHER OR NOT A TRADE WILL BE PROFITABLE IN ORDER TO TAKE THE TRADE / ONLY THAT YOU HAVE AN EDGE
5. DO YOU KNOW YOU HAVE AN EDGE OR ARE YOU GUESSING?
6. JOURNALING IS NOT THE SAME AS DRAWING LINES ON A CHART
7. WANTING TO MAKE MONEY IS NOT THE SAME AS NEEDING TO MAKE MONEY
8. BE HONEST WITH YOURSELF, CAN YOU ACTUALLY FOLLOW YOUR OWN RULES
9. ITS AUGUST, HISTORICALLY, IT HAS NO FOLLOW THROUGH AND ITS SLOW; TO EXPECT OTHERWISE IS LIKE WANTING THE SUN TO RISE IN THE WEST, ITS FINE TO WANT, JUST REALIZE, NOT LIKELY TO HAPPEN
10. THERE ARE OTHER THINGS TO DO BESIDES TRADE; TRADING IS INTENSE FOR MOST, I FIND TAKING SOME TIME TO SPEND AN EXTRA HOUR WITH SOMEONE YOU LOVE OR DOING SOMETHING YOU ENJOY WILL REFRESH YOUR MIND AND BRING BALANCE TO YOUR DAY. THE MARKETS WILL BE FAST SOON ENOUGH.
IF YOU WOULD LIKE TO LEARN HOW TO TRADE LIKE A PRO, CONSISTENTLY BUILDING PROFITS IN YOUR TRADING ACCOUNT. I AM OFFERING A INTRODUCTORY PACKAGE OF THREE ONE TO ONE SESSIONS FOR ONLY $200. (normally $125 per hour) TRADENPERFORM@GMAIL.COM
Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential