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There are many twists and turns on this path. Not many succeed for various reasons. Many say this is one of the most difficult careers out there. No matter your trading style, strategy, time frame, etc., just remember it is all about risk management... Live to fight another day. While I do believe true strength is found from within yourself, I think it is fair to say that we have all had at some point support and help from others. Just remember to tell them thank you, your mentor, parents, wife, girlfriend, boyfriend, friend, brother, sister, who ever has been there and seen you on the worst of days as well there to celebrate on the best of them.
Even the haters and doubters, thank them for fueling your fire to keep on.
Trade Well Friends! Work Hard and Stay Humble...
June 10, 2012
June 9, 2012
May 9, 2012
Charts of Interest - $SPY $QQQ $DIA $CMG $AAPL $PCLN
Follow @JFDI
If you take a look at the SPY we've been in a range from about 134.50ish to about at 142. The distance being about 7.5 points. If you measure the move to the down side that puts us back in the 128 area, where we broke out in January. Coincidentally, the 200d simple moving average falls inline at 127.84.
Same hold true for the QQQ and DIA.
The three shorts I am looking at are AAPL, CMG and PCLN with notes on the charts. H&S in CMG, a descending triangle in AAPL, and a double top in PCLN.
If you take a look at the SPY we've been in a range from about 134.50ish to about at 142. The distance being about 7.5 points. If you measure the move to the down side that puts us back in the 128 area, where we broke out in January. Coincidentally, the 200d simple moving average falls inline at 127.84.
Same hold true for the QQQ and DIA.
The three shorts I am looking at are AAPL, CMG and PCLN with notes on the charts. H&S in CMG, a descending triangle in AAPL, and a double top in PCLN.
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