(Originally Posted April 16, 2006 @ 20:27) I am always at the right place at the right time for even more good opportunities.
I am attracting even more opportunities for my successful businesses.
I am open to receive even more abundance in all areas of my life.
I am open to receive even more spendable cash money.
I am at one with a tremendous amount of money.
I deserve even more wealth and affluence.
All the things I am seeking and even more, are now FINDING me!
I just want you to have these affirmations while you study your charts. They WILL guide your mind toward a better commodity trading system because it’s all there for you each and every trading day you control your fear and greed.
I followed my ‘holiday trading rule’ and steered clear of commodity trading during the latter half of this past week. I’ve always found there is too much ‘position squaring’ in trading commodities as holidays approach. Easter might be considered fairly significant. Labor Day and Christmas are two others that come to mind. Things get skewed and it’s just as likely the small day trader will get screwed.
Plus I’m still smarting from the beating I took a week ago Friday. I just couldn’t get the feel for the day. The Dow ambled back and forth all day. I’d go long at the bottom of the channel where past support had formed and they’d run it through. I’d short it at the top of the resistance channel and they’d run it up for one 10 minute bar. It got pretty expensive.
I should have turned off the trading platform and my charts but my fatigue was only superseded by my stubborn stupidity. Nobody but me is going to get that kind of behaviour figured out for myself. When these feelings of frustration creep over your own day, take my advise. Shut it all down and take a break. That method will save you lots of money and of course more importantly, guilt and self recrimination.
I’ve been thinking about writing some reports and helpful hints for traders who are struggling with particular issues in their trading. I notice most of the information out there is built around the idea there is some ‘perfect’ trader flawlessly applying somebody else’s method and reading the tape without trouble. The trading commodities truth is far from that and I think I might be able to contribute more that I am. Let me know what you think