You having a bad day? A Bad week? Your methods not working anymore?
Are your BTFD techniques not working anymore? Let's face it - the status quo has changed and you're ill-equipped to deal with it. So what do you do? You go do the same thing over and over again? I thin that's the very definition of idiocy. When your methods don't work anymore, that is a sign that you need to rethink, re-learn and improve. Failing to get out of that painful spiral will lead to more pain in the future. We have stock earnings ahead of us. What are you going to do? You going to be an idiot again and buy calls or puts before a stock reports and gamble? When you're done experimenting with your money. When you're done losing money. When you're ready to accept that you need help, then CLICK HERE. It may just be the best decision you'll ever make in your life. -G
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If you're primarily a spoos trader, you would've had a lot of fun trading today. There were so many great trades for both bulls and bears today. But the central theme I'd like to address here is the endless speculation of the FED rates. We've already gotten a NO in September, now the rumor mill has started again for December.
Yellen, perhaps, did a 180 today in her speech. I understood it as quite dovish and amazingly, the markets cheered her on. The dollar spiked and the S&P recovered the initial drop. Whether there's follow through, that remains to be seen. The market wants a hike and it's increasingly obvious that a hike would somehow be good for the stock markets (as stupid as that sounds). In a trading environment where gravity can change on a whim and nothing is ever black and white, you have to be ready to change your trading plans quickly. As for me, sticking with my trading strategies have worked best. Hike or no hike - makes no difference to me. I just watch for the setups I like and jump in there. Everything is theater, and everything is a trading opportunity. How you exploit these events depends on how good of a trader you are. If you spend most of your time trying to understand the stupidity of central bankers, you may find yourself needing a shrink very soon. Trade carefully! -G I firmly believe that people are genuinely good and intelligent. However, there will always be stragglers and here are the top 2 questions we get that really gets my blood running:
Question #1: Will I be profitable signing up to your Trade Signals? Ans: I don't know. Do you have a brain? Can you read? Can you follow simple instructions? If so, then you may have hope. But that question is so moronic, it's like asking your college dean if you'll be a great engineer after you graduate from engineering school. He/she wouldn't even have the slightest clue. Question #2: Can you guarantee that I'll be a better trader after taking your class? Ans: There are no guarantees in this market. If you want absolutes, you're in the wrong industry. Try the mortgage lending industry. It's either a Yes or No in that. Once again, this is like asking the Harvard Registrar whether or not you'll be as filthy rich as Jamie Dimon after getting your degree at Harvard. I know plenty of dumb people who graduated from Harvard and are making less than $70K a year. I may rub a lot of people the wrong way. But I can never tolerate trolls and stupid people asking stupid questions. I sadly can't. However, if you are going to be unfortunate enough to be referred to me when you contact us and ask stupid questions, well, I'll apologize in advance because I won't ever give you fluff. What you'll get is the brutal and honest truth. And if you can't take it, then I think you've saved us a lot of time by not partaking in our services. -Gavin |
Multiple AuthorsTraders from Equity Sense will be writing on this blog on positions and other market-related things. Archives
May 2018
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