Monday, February 22, 2010

Monday Notes - The Importance of "Time"

Some perspectives from tonight's Jellie wrap session and today's market from an admittedly tired trader.

5 comments:

nqtraderjay said...

Thanks Don. True about the early opportunity.

I had to blow up first, no one could have reached me over the past 20 months.

I liked the M top eod w TICK falling & TRIN rising, & NQ had a one point stop. I didn't trade it, had my own issues. Tomorrow will b betr. - J

Simon said...

Don,

I couldn't agree with you more. I've been putting in at least 6000 hours and had numerous falls and setbacks. There are no shortcuts, no overnight successes. Your absolutely right, the only way to become proficient is to put in the hours on the practice courts and screen time. Thank you for reaching out to those on the
on the losing side.

My Trading Edge said...

Hi Don

So now they tell me!....this would have to be one of the most important concepts for children/young adults to grasp...

How many child hood dreams have been abandoned as a result of self doubt filling the void of such wisdom...

steve said...

Timely video about being aggressive and knowing when to press it given the fast drop on Tuesday morning. I should have had the vid playing on repeat during it! Truly a case of "thinking gets in the way".

NQ Trader Jay said...

Hey Don, I've never seen price action like this. Base, vertical, base. Thursday. I haven't found a setup yet. - J.