August 14, 2012

European News Sets the Tone as Traders prep for Retail Sales News

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The James’ Report:  Day Trading Strategies for Professional Traders
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PURPOSE:  Everything we do revolves around our greater purpose as humans and professional traders.  Our grandfather as traders, Fibonacci, discovered centuries ago that we are all just ‘sand in the hourglass of time’ and the ‘self-fulfilling prophesies’ that we live by get more important every day we are aware of them.  Each of us is a microcosm of the universe, we are no different than the plants in the ground, the stars in the sky, and even the thoughts inside of our minds.  For this reason, it can be hard to find our purpose.  Professional traders can tune into price-action clues from the market to define direction, and with a solid trading plan we can find our purpose for every trading day.  Our purpose each day is to follow our plan, because every action during our day is just like the grain of sand in the hourglass.  We don’t know which action is going to be important, we must execute them all.  We know that this plan will manifest into our long term purpose in our careers, and personal lives.  Take the time today to do the little things correctly, and remember that these little insignificant actions every day add up to big success in the long run of your career, but you will never know it until you find that purpose in your trading today.
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