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Status Replies posted by Miguel Angel
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Here is the chart we shared this morning in the Pre-Market show as we discussed the Markets. Very interesting. There is a good read article about bull and bear markets here (https://www.brightscope.com/financial-planning/advice/article/27993/Bull-And-Bear-Markets-A-History/) were I found this chart.
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The market is cruel, it gives the test first and the lesson afterward.
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As a muscle strengthens at the point of failure, we learn best after dramatic errors.
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Getting prepared for another week of trading. Sundays I like to take some time to review last week's journal and focus on what could be done better for the coming week. Every day we trade we take something with us. No matter if is a green or red day something was learned. What we did well we want to repeat and what we did poorly we want to improve. My job is to highlight those things and bring them front and center, with special focus what I need to improve on. Whatever your routine is to prepare for the trading week make sure you do it so you are ready to have a successful week.
Let's Rock This Week BBT!
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I'm attending
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Most beginner traders--including myself--can be described by the criteria above.
The key to being consistently profitable is to cross out each item from the checklist.
The only feasible way to achieve this is to make each bad habit a goal that you will focus on breaking.
One. Trade. At. A. Time.