Trading and Patience: The Conveyor Belt Analogy
For a trader, patience is not just a tool and a necessity. To illustrate this, let’s consider the analogy of a factory worker stationed at a conveyor belt. This worker’s task is simple: lift the boxes off the conveyor belt as they arrive. At all other times, any action is not only unnecessary but also…
Visualizing Success and Failure: A Motivational Exercise
Visualizing Success and Failure: A Motivational Exercise Harnessing the Power of Visualization for Trading Success This exercise utilizes the power of visualization to enhance your trading performance by focusing on both positive and negative trading experiences. By vividly recalling past successes and failures, you can reinforce desired behaviors and prevent repeating costly mistakes. Success and…
Debriefing Fri 23rd August 2024 Jackson Hole
A look at the pre market Profiles What did Powell say? AI Generated In his speech at Jackson Hole yesterday, Federal Reserve Chair Jerome Powell highlighted several key points: Overall, Powell’s speech conveyed optimism about the Fed’s progress in controlling inflation and hinted at potential rate cuts in the near future. Profile finished balanced in…
Debriefing Fri rd Feb 2023 NFP
Quote Of the Day “A man cannot be convinced against his own convictions, but he can be talked into a state of uncertainty and indecision, which is even worse, for that means that he cannot trade with confidence and comfort.”― Jesse Livermore, Trade Well And Prosper. BT
Weeks Review| Prep W/C 6th Feb 2023
All images can be found on my Twitter feed in high resolution. Please let me know if you have issues much appreciated.
Weeks Review| Prep W/C 3Oth Jan 2023
All images can be found on my Twitter feed in high resolution. Please let me know if you have issues much appreciated.
Weeks Review| Prep W/C 23rd Jan 2023
5-Year Weekly, Monthly Yearly Returns and What happened last year? All images can be found on my Twitter feed in high resolution. Please let me know if you have issues much appreciated.
Weeks Review| Prep W/C 9th Jan 2023
5-Year Weekly, Monthly Yearly Returns and What happened last year? The first week averaged 4.8% over 5years. We were up 1 % this week. The following weeks have tended to follow on based on the prior five years, but I am still not getting carried away. Look at Feb March returns. All images can be…
Debriefing Thurs 4th Jan 2023 & Today’s Prep-NFP DAY
ON Update- Range bound trading into the data. Quote Of the Day Know thy self, know thy enemy. A thousand battles, a thousand victories. –Sun Tzu Trade Well And Prosper. BT
Debriefing Tuesday 3rd Jan 2023 Today’s Journal-2nd Day of the trading year-FOMC minutes
ON Update- not much has changed Quote Of the Day “A man cannot be convinced against his own convictions, but he can be talked into a state of uncertainty and indecision, which is even worse, for that means that he cannot trade with confidence and comfort.”― Jesse Livermore, Trade Well And Prosper. BT