Rules of the Trade

1. The market is always right

2. Never apologize for a profit. Always leave money on the table.

3. Economists are wrong, as will as the public.

4. Trend lines work better than support and resistance. Follow the direction of the market. As it will tell you when to sell. Selling is the key to Money Management.

5. Hit the ask.

Gauging The Markets

The market is like any other professional sport you can ever imagine. Look at the commons Uniforms are Suits, Sport equipment are PDA. You do not need to be able to bench press 250lb or running a minute mile. However, it is moreover, a mental game such poker and blackjack. After creating your business in the market, it will seem like you have done all the above. It is advised that you be in physical sharp, this helps you with your mental state. Imagine being on an island with a Ship, Plane of Train passing every few minutes in a time frame of 5, 10, 15 min intervals.

The concept seems easy enough, but, there’s a catch. There are 1 million people via for that one seat that will take you off the island.

Also, the common factors are money, power and influences that are far reaching than any trader. It is somewhat unfortunate that so many people have believed they can make it in the market with just a tip and a great smile. We must take a step back and take note of the possiblies of thing(s) when they go wrong.

Heavy Duty lifting is not required, as you may think in finding the right securities.

Life is a Journey and not a Destination.