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Ten Times When A Trader Should do Nothing

  
  Education
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  1. When you are confused and don’t know what to do, do nothing.
  2. There are no set ups on your watch list, then don’t trade.
  3. You are a trend trader and there is no trend to trade.
  4. The market is extremely volatile due to headline risk.
  5. You want to make an option trade but the options are illiquid with a huge bid ask spread.
  6. If you are trying to trade supply and demand but the government keeps interfering with your market, pick a different market.
  7. Your stock reports earnings the next day and you expect a powerful move but it could easily go either way, wait until after earnings to trade.
  8. You are a momentum trader but their is not momentum, then wait.
  9. You play the long side only and the market is in a correction or a bear market, wait for a new trend to the upside.
  10. If you are not at your best mentally and emotionally then don’t trade until you are.

Do markets move in the shape of a torus

  
  Education
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Do markets move in the shape of a torus, which is at the heart of the constructal principle more frequently than chance, and is it predictive?

When you say “torus” I think “circle times circle”. (Referring to the surface of the torus, not a solid torus.)

The surface of a sphere, by contrast, is not circle times circle. (The standard physical models are: two angular measurements in a TIE fighter, versus lat/long measurements on the Globe. (Think about the poles and notice that lat is 180 degrees, not 360.))

From an external point of view the surface of a torus is a 2-dimensional curved surface with one hole in it.

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19 Ways to boost your motivation and personal effectiveness

  
Analysis, Education
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1. Get an accountability buddy. Not only does having an accountability buddy help you stay on track to achieve the results you want, they are also a great source of motivation and keeping you effective too. To find out more about having an accountability buddy read 1o reasons to have an accountability buddy and How To Find An Accountability Buddy

2. Protect yourself from energy draining and toxic people. They will suck the life out of you and have a negative impact on your motivation and effectiveness.

3. Surround yourself with positive, constructive, solution focussed people who fuel your fire. It will give a tremendous boost to your energy levels which has a fairly hefty knock on effect to your motivation and effectiveness.

4. Create a powerful vision for your life, work and relationships. Keep focussed on it and visualise achieving it each and every day. It will help you keep motivation going when you experience setbacks, obstacles or when the brown stuff hits the fan.

5. Get fresh air – every day. Amazing the difference this makes. Try it.

6. Spend time in nature and the great outdoors. Fabulous stress buster and as stress is a motivation and effectiveness drainer this is worth doing.

7. De- clutter your mental and physical space.

8. Do more things that give you mental and physical energy. Do less of the things that drain your mental and physical energy. For a practical tip on how to do this read this.

9. Have a strong action plan and work that baby consistently! (more…)

Gold :$ 1141.50 is Last Hurdle

  
Analysis, Education, Gold / Silver
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GOLD-3rd March

In my last update on 20th Feb’10,I had written it will face Hurdle at $ 1134-1141.50.It kissed $1131.50 & crashed upto $ 1088 level and there after taken U-turn.

Again Yesterday made high of $1137.60.

Now ,What to expect ?

Just watch $1141.50 level.Two consecutive close above this level will take to $1164-1171.50 level.

-Don’t panic  at lower levels.

-I will update MCX levels to our Subscribers.

Updated at 6:34/3rd March/Baroda

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