Hello,
not much trading lately cause of university exams and its a good opportunity to take a break from the markets to relax.
What's your focus when you are going to trade one game? win money? its ok, but you must have a bigger belief that is "i must protect my bank" and why is that? Do you know that situations when you must hit the stop and you cant? thats why. When your belief of making money is bigger then protecting your bank you are in a dangerous situation and when you are losing money your mind will make you avoid hitting the stop cause you are losing money and by having the biggest belief being " i wanna win some money" your gambler side will "hope" for the market coming to your side. Hope is one of your enemies in trading. You must approach the market with the biggest belief being " i must protect my bank and respect my money management ALWAYS".
In the future posts i will talk more about accepting losses. I normally just talk about something when it comes to my mind so if some one of you reading this would like some topic to be discussed just ask.
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25 years (and one day) ago something happens ...
with english translation:
http://www.youtube.com/watch?v=2JASEUO59YM&feature=related
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Next month ill start teaching mine methodology in the classes for traders and i have already some traders interested for the classes and i would like to thank them for trusting in me when im about to start this business. Im preparing every detail for our journey and for the ones who would like to get some advice/or improve without taking the full journey im preparing a book. This book is not going to be for begginers cause i think there are already very good ones in the market (like TS guide) but for traders looking for ideas to develop their trading.
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Free time section
(Personal opinions, if you have others comment about it)
Down
I went to see "the hangover 2" some weeks ago and too be honest i am disappointed with that movie. Its very similar to the first but in another place basically. If you watched the first one dont bother pay to watch the second in the cinema.
Up
On the other side i watched "pirates of the caribbean on stranger tides" and liked a lot. Im not a big fan of pirates of the caribbean but this film was very entertaining.
Recommendations for this week:
"the kings speech"- Epic movie. Loved it.
http://www.imdb.com/title/tt1504320/
summary: The story of King George VI of Britain, his impromptu ascension to the throne and the speech therapist who helped the unsure monarch become worthy of it.
"Inglorious basterds" - Great performance by Brad Pitt.
http://www.imdb.com/title/tt0361748/
summary: In Nazi-occupied France during World War II, a group of Jewish-American soldiers known as "The Basterds" are chosen specifically to spread fear throughout the Third Reich by scalping and brutally killing Nazis.
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Tennis tips for this week:
-There are some favs trading @ prices lower then their real value. Study the games and you will be able to make a decent profit laying some. Eventually most of them will win the game so try to catch the biggest price in favs.
Hope you like this post
comments are welcome
r9
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