Live life on your own terms!

The "secret" over time is the ability to adjust, allocate and manage risk as you go.

                                 Trend is still up. Tighten the stops and ETR.

"When you win you might not be as good as you think you are. When you lose, you might not be as bad as think you are."

                                            Trend is still up. Enjoy the ride.

"Every bubble has two components: an underlying trend that prevails in reality and a misconception relating to that trend. When a positive feedback develops between the trend and the misconception, a boom-bust process is set in motion. The process is liable to be tested by negative feedback along the way, and if it is strong enough to survive these tests, both the trend and the misconception will be reinforced."

                               Trend is still up. Keep your stops tight and enjoy the ride.

“You are going to bed with an upset stomach because you have lost money most of the time and do not know what is going to happen”

“Most of the time even when we are in a good investment, we are in a state of regret."

“You are in a drawdown state 80% of the time and of that, you are in a severe drawdown state (greater than -20%) 67% of the time”

“Most of the time an investor is facing a market of regret…”

Dow Jones, 20,000.00 ATH

Whoever wishes to foresee the future must consult the past; for human events ever resemble those of preceding times. This arises from the fact that they are produced by men who have been, and ever will be, animated by the same passions. The result is that the same problems always exist in every era. - Niccolo Machiavelli

Trend is still up. Keep your stops tight and enjoy the ride.

"Our mind is constructed so that in many situations where we have beliefs and we have facts, the beliefs come first. That’s what makes people incapable of being convinced by evidence."

http://www.collaborativefund.com/blog/a-chat-with-daniel-kahneman/

Trend is still up. Keep stops tight and enjoy the ride.

Today the U.S. dollar touched a 14-year high and major stock markets got off to a solid start in the new year, boosted by strong data, while debt yields edged up after upbeat economic figures out of China and Europe.

                                         Trend is still up. Enjoy the ride.

Trend is still up. Keep stops tight and enjoy the ride.

Since yields peaked in 1981, that has never happened.

Earlier this year, 10 year yields traded below the low of last year (1.64%), and are currently above last year’s high (2.50%). Should they close above 2.50%, it would represent a bullish outside year for yields. Since yields peaked in 1981, that has never happened. That would add to the thesis that we have seen an end to the secular bull market in bonds.

Read the original article on The Reformed Broker. 
http://thereformedbroker.com/2016/12/19/bond-yields-just-did-something-they-havent-done-in-35-years/

NNA

Trend is still up. Tighten stops and enjoy the ride.

Ready to play?

recovery plan

 "What are you doing on evenings and weekends that renews you?  Of the four main sources of well-being, which ones are you cultivating in your time away from markets:

*  Happiness, and doing things that are fun and enjoyable
*  Satisfaction, and doing things that are meaningful
*  Energy, and doing things that energize you mentally and physically
*  Relationships, and doing things that bring you closer to the ones you care about

A good recovery plan should include healthy eating, high quality sleep, and activities that check all four of the boxes above.  

It's the watering you do at night and on weekends and holidays that allows your career to blossom during the work day."

Remember How Far You Have Come