September 27, 2012
- in Uncategorized by schooloftrade
Europe waits on Spain banks, US looks for Jobless Claims, Durable Goods & GDP
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The James’ Report: Day Trading Strategies for Professional Traders
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DAILY LOSS: Our lives have become increasingly complex, and each day we strive to find ways to simplify our lives by removing clutter, and letting go of things that are slowing us down. Complexity in our lives does not help us accomplish the real goals we have, and a ‘daily loss’ is one of the easiest ways to make our goals easier to achieve. Today’s ever-changing technology is a good example of this; we have so many ways to keep in contact with people around us that we find ourselves buried in phone calls, emails, text messages and Social media posts. Our goal with technology is to make communication easier, but in the end if we do not remove the clutter that comes with it we will be no better off than we were without this technology. The same is true in our trading careers. We set out on this path to learn to make profits as a trader, yet many new traders find themselves overwhelmed by different ideas, strategies, techniques, and rules. It’s important that each day we take 5 minutes from our busy lives and think about what we can remove from our routine. Think about your ‘daily loss’ every day, and find ways to stay focus on what’s most important in your quest for success. News from Europe & Asia for US Morning Session:
-European equity indices pare gains ahead of Spain budget announcement
-China equity markets rally, amid speculation that officials have become concerned about the recent declines in the -Shanghai market towards the 2,000 psychology level
-Germany’s unemployment rises for 6th straight month in Sept.
-China equity markets rally, amid speculation that officials have become concerned about the recent declines in the -Shanghai market towards the 2,000 psychology level
-Germany’s unemployment rises for 6th straight month in Sept.
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