This is an example of one of the best trades you can make, taking what could have been a loser in your mind and putting it in the win column no matter the size of gain. I was way negative until I learned to do this religously.
ES Journal - 2012
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This is an example of one of the best trades you can make, taking what could have been a loser in your mind and putting it in the win column no matter the size of gain. I was way negative until I learned to do this religously.
Cancelled all standing orders and replaced with the following:
Asking 1393.75 for a new short, add 1400.5 stop 1415, with an initial target of 1372.75.
Asking 1393.75 for a new short, add 1400.5 stop 1415, with an initial target of 1372.75.
I'm expecting some of the political and world news that will be coming out in the next 10 trading days to be somewhat negative for the market, and thus the change in short term market bias. Long term though is a different story. Time will tell.
a very long term outlook is that ... growth will come but it will be inflation driven. Meaning equities will rise as bonds come down, eventually bond yields will be high enough that the gains in equities will be turned over into bonds.
sp500 prolly by then over 2000, only thing that puts a wrench in things is how long Japan has been under. If we are like Japan, we have 10 years minimum.
Equities till then can do a slow crawl up.. consolidation phase over many years. We will have occassional downdrafts, but on the whole its a 'protected' market. Fostered by the FED/GS/Banks..
sp500 prolly by then over 2000, only thing that puts a wrench in things is how long Japan has been under. If we are like Japan, we have 10 years minimum.
Equities till then can do a slow crawl up.. consolidation phase over many years. We will have occassional downdrafts, but on the whole its a 'protected' market. Fostered by the FED/GS/Banks..
http://biiwii.com/wordpress/ you might enjoy this spec, macro view of t bonds article
yep, thanx..
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