Trend followers trade the “price”. It’s the number that can’t be faked, the real indicator of the past, now and the future. Richard P. Feynman adds:
“You can know the name of a bird in all the languages of the world [think of all those so-called market fundamentals], but when you’re finished, you’ll know absolutely nothing whatever about the bird…So let’s look at the bird and see what it’s doing — that’s what counts.”
What is the market doing right now? That’s what counts. The price.
I love comedy. Here is the ‘trading secret’. Laugh and relaxed. So, switch your TV from Blue Channel to Comedy channel.
Worth watching….enjoy !!
Everything is difficult before it becomes easy.
With the current volatility of the financial markets, it is extremely important that each of us resolve to be patient in our decisions and not make snap judgments. These can create future disaster.
The most successful individuals around the world have a foundation of processes that they utilize consistently, no matter whether the markets are trending with clear direction or being extremely volatile.
Each of us needs to be patient and allow the trading plans that we use to provide points of execution for trades. We need to be prepared for any and all movements in the market, yet stay committed to our plan and then perform with a self-confidence that ensures that we do not stray away from the steps of our plan.
Patience, preparation and performance surrounded by a solid trading plan along with money and risk management will produce the highest probability for profitable success.
Preparation combined with Opportunity creates a new word I would like to give to you — Prepartunity. Every day provides new opportunities for us. If we are prepared then we will receive the highest results possible.
Now Biggest Pimps are Corporates/Blue channels………………!!
Welcome to the world of Lucius Popidius Secundus, a 17-year old living in Rome in 73 AD. His life is a typical one of arranged marriages, coming-of-age festivals, and communal baths. Take a look at this exquisitely detailed lesson on life of a typical Roman teenager two thousand years ago.
