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Bulls are trying to push market back up but bears are pushing back. We are are stalled at the moment. The bears on the right side this morning are licking their chops for more. The bulls are saying "you bunch of greedy scumbags we gonna stop you". It is a tug of war until one side capitulates...

What is better capitalism with greed on EVERY corner, nook and cranny or socialism with massive greed at the top levels?

Actually 4 things create it. 1) The citizens with their greed and incessant demands to el presidente and congress. 2) el poluticians with their endless greed and selling out for votes. 3) el corporations with their incessant greed and lobbying congress. 4) los presidentes and their agendas...

ROFLMAO! It was the last administration and it's poluticians that ADDED trillions to the debt. ROFLMAO.

What?? ES new record and you don't like mr T?

Don't worry visaria you nor I are on the list! ROFLMAO

Attention all noobs and veteran traders...Make haste and hear this. Nothing is more the truth about the markets than this statement.

Yes, discipline can most certainly lead to a habit that in itself gives one pleasure and a sense of achievement and even contentment. On the other side of the coin, some habits can lead to boredum and mediocracy.

Now the "mind" with all the psychological implications embedded therein is a "horse of a different color". It is the greatest asset we have as traders. It is also our worst enemy. It too is a tricky animal. Generally lazy..and looks for shortcuts..Forms faulty biases and many times steers us...

Motivation is simply the "strong desire" to do something. But it can be a tricky animal. There is positive motivation and negative motivation. Some of the greatest things ever achieved were done so through negative motivation. Discipline on the other hand is what keeps you on track to reach your...

Lol you talking bout a trip to the wood shed?

Discipline is being responsible to do WHAT you are supposed to do, WHEN you are supposed to do it, and HOW you are supposed to do it regardless of how you "feel" about it. It generally involves paying "close attention to detail..mindfulness..concentration and focus. In the trading world it also...

When bullish institutions are winning go long. When bearish are winning then short. When they are balanced and market trading sideways then short at top of the range and go long long at the bottom of range and scalp. They cannot hide what they are doing. Take ES ..Nq... it is quite obvious the...

LOL. A quick casual look at day chart shows what institutional money is doing. Why do folks want to short? Or wait for a crash?

Only if you lay off the pork skins. There is no way to eat them quietly. The noise will interfere with concentration.

Um..this is probabally heretical what i am going to say as it deviates from trading orthodoxy but........the markets cares not whether you are humble or prideful or even arrogant. Neither does it care if you are rich or poor. Neither does it care if you are smart or .30 short of a dollar. Ugly...

ROFLMAO but i have to agree!

I may fall in the latter category. Anyone else there or do i stand alone?

ROFL