Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

BlowFish

Van Tharp - What Kind of Trader Are You

Recommended Posts

Hmm. I think I get what you are saying. You love trading but there are things which have made you step back and question your whole understanding of the nature of trading and the markets as a whole. Part of this is other things have kept you away from trading for a while. Am I correct?

 

Anyway, if I am right I'd say two things. One it's good to question. A period of forced reflection may help you to get to the core of your method. Two the markets have been wild for a while now. You have to adapt to the market day by day.

 

I think that everyone does go through a questioning phase like this and I think it's good. When you come out of the other side, you'l be more clear, more focussed and more determined to be that independent trader!

Share this post


Link to post
Share on other sites
Hmm. I think I get what you are saying. You love trading but there are things which have made you step back and question your whole understanding of the nature of trading and the markets as a whole. Part of this is other things have kept you away from trading for a while. Am I correct?

 

Anyway, if I am right I'd say two things. One it's good to question. A period of forced reflection may help you to get to the core of your method. Two the markets have been wild for a while now. You have to adapt to the market day by day.

 

I think that everyone does go through a questioning phase like this and I think it's good. When you come out of the other side, you'l be more clear, more focussed and more determined to be that independent trader!

 

You have correctly understand ,i like trading,but i'm awareness that maybe i like more my first work,and i'm awareness also that i'm coming in a trading side that for my unlucky,change direction from the big race to make money's,for analyzing why we are so attract to trading,there are many psicological and social side of trading that i like,but i fear that is better to return at the first thought,to make money's is better for my pockets,and more light for my soul and head,without think too much to other things.and also i'm the opinion that one time that we found a method,is better to stop to study from a bit of time,because we can become confused,and i don't like.this,and maybe i had stopped for a bit,also because in italy we have big problem in this time,with the government, with economic and financial crisis.like a consequence.

Share this post


Link to post
Share on other sites
I think it is better to philosophise or to do. Trying to do both at the same time is often difficult. :)

 

Btw are you happy about the Berlusconi news?

 

Sure is better,but i think that is the trading path that arrive in a determinate point arrive to meet both,and is more difficult,as fascinating.

 

Yes i thing that is better that he will give dismissal ,is became a surreal government,full of comic politics ,that love play,with the future and life of people,what that i hate is that he was so full of good promises for the people,my fear is the people that have contamined minds,and if don't change also the way of thought and act of many people,,also with the new President,,is another government full of thief and problems.because,if the government see that his people have like the first thougth not the will of increase his wealth ,the government and all his parlamentary don't want only his salary amount 15000 euro at month more the life annuity after 5 years,he want to steal on every thing,contract work, etc and all the money destinated and other things also beneficence other speculating action on work of recostruction ,like abruzzo disaster,or other public work ,and the government give and teach all people and also new generation the big art of steal,i think and hope(for us) that also in other state and not only in Italy there are this kind of problem,but i think in less quantity,when i go in other state i see with my eyes that the thing are different and many time better. action reaction,is the true problem of life.and what you think,and which effect have in your state,the Berlusconi news ?

Share this post


Link to post
Share on other sites

Lol, I think we went a bit off the thread topic ahimsa! I think Berlusconi had no choice and I'm glad to see him not clinging on to power(any longer anyway). I didn't think he was good for Italy, but who will be next and what will they be in the years to come? Absolute power corrupts absolutely as they say. It seems this is what the market wanted for Berlusconi though and so for now I think it will be a good thing. But I don't know. The whole system is rotten basically and the changes they implement won't stop history from repeating itself down the line. Who knows. Unfortunately I am not a Soothsayer!

Share this post


Link to post
Share on other sites

Yes i know!sorry!but i saw in late after wrote the last post yesterday night that you started a thread ,about italy under spotlight in this time .i think that you are lucky and not unlucky to not being a soothsayer!i read sure your thread.is interesting for me.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 23rd April 2024. European PMIs Paint Mixed Picture, ECB advise a June Cut is Certain. The German DAX recorded its highest monthly increase as investors continue to predict a weaker EU monetary policy. JP Morgan again advised stocks are overcrowded and may see a stronger downward correction. However, economists advise this is only possible if geo-political tension escalates or companies fail to beat earnings predictions. Gold witnesses its strongest decline in 2024 falling 2.64% on Monday and a further 1.32% during this morning’s Asian session. The Euro is the best performing currency after the day’s PMI releases. However, investors should note that the US Dollar during the Asian session was performing significantly better. USA500 – Visa and Tesla Ready Shareholders For Earnings Release! The SNP500 rose 0.87% during the US trading session and also broke the previous swing high. However, JP Morgan again told journalists there are signs that the stock market is “overcrowded”. When institutions are overexposed to certain stocks or industries, it only takes one big fund to start de-levering and then others will follow. Though, investors should note that this would also depend on three factors. The first is earnings, the second is geo-political tensions and the third is inflation. This week, investors will largely watch earnings, particularly Visa and Tesla. Visa and Tesla currently hold a weight of 2.00% and are two of the most influential stocks. Tesla continues to be one of the worst performing stocks, but Visa’s earnings are less certain. Visa has beat earnings and revenue expectations over the past 4 occasions but has been struggling over the past 30 days. Analysts expect earnings and revenue to remain at the same level compared to the previous quarter. However, higher earnings can potentially increase demand. Visa stocks have risen 5.20% in 2024 and have a dividend yield of 0.76%. However, as mentioned above, the performance of the stock market will largely depend also on inflation and geo-political tensions. Though these are not likely to change within the upcoming days. In regard to inflation, investors will be eager to see if inflation again rises, in which case, interest rate cuts will likely not be possible for 2024. If this scenario materialises, stocks can decline between 20-30% ($3,700-$4,220). GER30 – ECB Ready To Cut Rates In June 2024! On a 2-hour timeframe the price of the GER30 is trading above the 75-Bar EMA and above the VWAP. In addition to this, the asset is obtaining buy signals also from oscillators and price action. The index has retraced since the release of the European PMI data, but if the price rises above 18,067, without breaking the day’s low price, buy signals will become active. One of the key drivers, along with this morning’s PMI release for Germany and France, is the latest comments from members of the ECB. According to ECB representative Mr Villeroy, even if oil remains volatile, the regulator will look to cut in June 2024. In addition to Mr Villeroy, Mr De Guindos told journalists that a rate cut in June is “crystal clear”. The guidance given is increasing the demand for the German DAX as are indications of stronger economic data. The French PMI data saw the Services index rise above 50.00 for the first time since May 2023 and beat expectations. However, the manufacturing index continues to struggle and fell compared to the previous month. The German PMI was a similar picture. The Services PMI rose to a 10-month high and beat expectations, but the Manufacturing Index read lower than the 42.8 expectations and is at a 6-month low. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Michalis Efthymiou Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • $DVN Devon Energy stock moving higher off support, https://stockconsultant.com/?DVN
    • $COF Capital One stock nice breakout, from Stocks To Watch, https://stockconsultant.com/?COF  
    • $CVNA Carvana stock back to 70.8 gap support area, high trade quality, https://stockconsultant.com/?CVNA
    • $VKTX Viking Therapeutics stock important area, back to 64.34 gap support, https://stockconsultant.com/?VKTX
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.