Thoughts for a Sunday.

If you don’t have the creativity and flexibility of at least two scenarios than you can’t be a successful trader over the long term.

Trading is the ability to see things in terms of another.  What is the chart saying and how long before it gets its point across.

A chart is art.  It is an expression of emotion, belief, and change.  One person may love it while another hate it.  They can argue what it means but the outcome of that argument may not change the value.

Reaction time can be a problem in volatile markets.  The first one up the hill gets the arrows, make sure you have the proper protection.

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It isn’t the losing, it is the not getting back.

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