Greetings. My engagement has officially ended and I am free to post again. The question is, to post or not to post. That, repetitively, is the question.
There are many days I miss blogging and interacting with faceless names on the Internet. And there are many days when I don't. I certainly have a lot of new and interesting things to share as it relates to trading, Technical Analysis, and Fibonacci strategies. But over the past year plus I have also seen and met several people who "tried their hand" at trading and failed miserably, and a part of me wonders if blogs like mine might adversely influence people.
I have never claimed trading is easy, only that it can be done successfully with a lot of hard work, study, and patience. To be sure, there are more failures than successes - but that is almost always because someone is looking to make a quick dollar and does not approach this business with the proper mindset. And to those that approach trading as if it were gambling and risk their life savings, their houses, and worse yet go into massive debt trying to trade - you are what creates the stereotype that makes the rest of us look bad. Go to Vegas and lose your money there instead.
So I have to weigh the pros and cons, as well as some of the other things about blogging that can be disturbing. I am not sure where I will land, but I wanted to check-in and say hello to everyone. As far as my trading - I have honed my strategies even more, and 75% of my trades are now complete within the first hour of trading (95% of my trades are easily complete within the first two hours). I am pleased with my style (which still closely resembles what you can find in the blog archives) and with the time I spend each day in front of the screen. There will always be room for improvement, but overall my accuracy and profits are better than ever.
I hope everyone out there is having a wonderful year, and I look forward to [possibly] re-connecting in the coming months.
Trading 27-April-2016 (+ $66)
22 hours ago