A trend-focused trader reflecting on market strategies and personal performance enhancement.
trading
Saturday, 7 April 2012
elite traders
Benjamin Bloom, Dean Keith Simonton, and K. Anders Ericsson have studied elite performers, and their research points to a few commonalities across fields. The elite performer is in his or her niche and so has a strong emotional bond and commitment to self-development. The elite performers are also ambitious: they really care about becoming as good as they can be. Finally, they put large amounts of time into developing themselves. Their practice and work provides them with a sense of “flow”-it doesn’t feel like work to them.
The learning of the elite performer is qualitatively different from normal learning. The normal learner learns to do common things well. But the elite performer learns to do uncommon things. The immersion in learning generates an element of creativity. It’s why genius truly is more a function of perspiration than inspiration.
Thursday, 5 April 2012
bears are coming out
Bears are suggesting that the top is in and we are set for an April crush, but we'll focus on price action itself which still remains within the range (see blog below regarding the trading range). If this rally is done, the range must be broken first.
Next week earnings season begins and together with this correction will set the stage for some new trading opportunities.
Wednesday, 4 April 2012
Monday, 2 April 2012
some interesting chart patterns
flags b/o
mr. HG breaking TL
Looking for a break of this tight trading range_
_ and any subsequent follow through. The biggest opportunities will occur when we begin to trade out of the range and ether succeed and begin to accelerate or_we trade outside the range, fail, and trade toward the opposite side.
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