ComposedTrader @composedtrader
Futures trader Joined January 2017-
Tweets176
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Followers109
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Following111
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Likes1K
It wasn’t about making a political statement – human rights are non-negotiable. That should be taken for granted, but it still isn’t the case. That’s why this message is so important to us. Denying us the armband is the same as denying us a voice. We stand by our position.
Reminiscences of a Stock Operator composedtrader.com/2020/09/12/rem…
As I draw some S/R lines in my #ES chart this morning, I remember how @LindaRaschke says everyone in the market is watching the same movie. That is so true!
Quote From Humphrey B. Neill's book: "Be a cynic when reading the tape. We must have open minds always, without preconceived opinions... a trader should be a cynic. Doubt all before you believe anything. Realize that you are playing the coldest, bitterest game in the world."
For me, regret is a stronger emotion than fomo. So not taking that unplanned trade is more important than missing out.
“When the people do not fear what they ought to fear, that which is their great dread will come to them” - Tao Te Ching. In trading - if you’re not fearful of your risk of your ruin, you know what’s bound to happen sooner or later!
That was another lesson learnt in 2020. Like @nntaleb says low probability events happen more often than we think they do and how we need to protect ourselves from these black swan type of events. #crudeoil #oott bloomberg.com/news/articles/… via @technology
3 life-changing takeaways from @naval. 1. Inspiration is perishable - act on it immediately. 2. In an age of abundance, the pursuit of pleasure for its own sake leads to addiction. 3.The closer you are to the truth, the more silent you become inside.
OPEC Monthly report out...here are the highlights
The reality of trading is that we don't always get what we want out of the market. Sometimes things go our way, sometimes they don't. This is just part of life. That's why risk control is a non-negotiable aspect of trading.
This is what a 32.9% contraction in US gross domestic product looks like compared to historical performance.
Man thinks he knows the minds of others when he hardly knows his own.
Don't chase. Don't beg. Relax and let the market come to you. If it doesn't, come back the next day. If it does and you reap a loss, keep your mind stable and wait for the next opportunity. Good trading in a nutshell.
Everything will work some of the time and nothing will work all the time.
US JUN-27 WEEK CONTINUING CLAIMS -698K TO 18,062,000 US JOBLESS CLAIMS -99K TO 1.314M IN JUL-4 WK; SURVEY 1.388M

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