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PM shuts down France. All non-essential commercial businesses closed

  
  Analysis
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France goes on lockdown after nearly 1000 new cases today

Paris closed
French Prime Minister Edouard Philippe closed all cafes, restaurants, discos and cinemas until further notice.
That will mean almost a complete halt of the world’s seventh largest economy with neighbouring Italy in the same situation. Germany and Spain remain open but cases are rising.
Banks, grocery stores and pharmacies will remain open along with public transit but Philippe asked that people limit use to essential travel.
“We must show more discipline,” he said after noting that too many people were still out in restaurants and cafes.
Other businesses can remain open but Philippe encouraged working from home wherever possible.
At the same time, the number of cases in France rose to 4.499 from 3,661 a day earlier. Cases have doubled in 72 hours. Deaths hit 91 from 79 on Friday.

The beginning of real success as a trader starts with knowing yourself.

  
  Education
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“Know yourself. – You can’t improve on something you don’t understand”.
Vince Lombardi Leadership Rule#1
 
One common trait amongst nearly all successful traders is that they have a very high understanding of who they are and how they operate. As an example, leading traders realise that they are not in control of the market; they tend to view the market almost as a force of nature without a personality, and with no agendas, the only thing they can do is control their own actions, activities and emotions. In other words they understand the way they work, what drives them and their performance, how their mind operates, and their emotions. Not necessarily on a conscious level, but nonetheless they have an understanding of how it all works.  
 
As an analogy considers a competitive yachtsman, he has to take account of the conditions of the sea and the winds; however, it is his own actions and decisions that will deem how successful he is. He can not blame the sea or the wind for failure, he has to put all his efforts in to his sailing, making correct decisions and performing the correct actions. (more…)

4 Pearls of Wisdom for Traders

  
  Education
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· The best trades come when the crowd leans the wrong way. In other words, the majority piles in one way but profits come from trading it the other way.
· Market direction is only as strong as the leadership that guides it. Stocks play follow-the-leader even when the charts tell a different tale.
· Follow the professionals in quiet times and the public in wild times.
· Good timing on bad stocks makes more money over time than bad timing on good stocks.

John D. Rockefeller Quotes

  
Education, Life
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John D. Rockefeller is said to have been the richest person in history, even if he lived today. He left us with some wise quotes, check them out:

I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature.

If your only goal is to become rich, you will never achieve it.

It is wrong to assume that men of immense wealth are always happy.

The most important thing for a young man is to establish a credit… a reputation, character.

I know of nothing more despicable and pathetic than a man who devotes all the hours of the waking day to the making of money for money’s sake.

Don’t be afraid to give up the good to go for the great.

Don’t blame the marketing department. The buck stops with the chief executive.

Good leadership consists of showing average people how to do the work of superior people.

I always tried to turn every disaster into an opportunity.

I believe in the dignity of labor, whether with head or hand; that the world owes no man a living but that it owes every man an opportunity to make a living.

These are some very wise quotes from the richest man in history.

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