Knowledge can be passed as easy as a torch, but experience must be earned over time. You must allow the learning curve to unfold naturally. No matter how good your information is, you can't force experience. Embrace the process and unconditionally commit to going the distance.
So much for my gut feeling. The $ES did open lower and then trade even lower but then turned around and pretty much went straight up. It still needs to get above 3027.25 in order to get bullish.
Show respect to people even when they don't deserve it. Giving respect is a reflection of your character, not theirs.
#HappyMonday#MondayThoughts#AajKaGyan
Right now, somewhere out in the world someone is preparing for success. If you fail to prepare, that somebody probably will make big money while you only dream about what you could have done. So prepare, because when opportunity knocks, you want to be there to answer the door.
Everything I teach is rule based. Now you have to religiously stick to those rules. This requires discipline and being consistent. You’ll add your own rules too. The key to success is you need to stick to those rules even when things are going bad. Nothing is 100%
We need money in order to make money. We must minimize our losses In order to preserve our capital so we can let the winners run. No questionable trades that will go through our capital. Have a reason to get into the trade and get out when the reason doesn’t exist anymore.
Doesn’t putting limits on your losses make a whole lot more sense than putting limits on your profits? One thing I learned in this business, is to expect the unexpected and don’t think anything is impossible.
If you have to keep dropping down to a smaller timeframe to find a level to trade off of, is that level really there? Billy Henner was recently telling me what a great currency trader George was, and he really was. Do you think he looks at 15 minute charts to make his decisions?
It’s not enough to have knowledge, a dream, or passion; it’s what you do with what you know that counts. The best chance you have to succeed in life is to do what you enjoy and give it everything you’ve got. When you get up each morning and do what you love, you never work a day.
@AllThingsHwood@TraderGoalieOne@FTC Darling, relax. Receipts are private, people can get very jealous of you. Congratulations on you 400%. Feels good, eh! I hope this helps you a little bit. Enjoy your weekend! https://t.co/BOqqCOYFLB
@TraderGoalieOne Happy Father's Day Bob!!! Seeing you with your grandson and remembering the hard times when your daughter was sick... I'm overwhelmed with joy and sooo thankful that you are all together and well. God bless you. 💕