Sooooo Nice to be back!

Nice to be back!


Vacations are great but I always love getting back to my Trading Room, to my trading and to my students. Sidebar: my students always have access to me via phone, text and email no matter where I travel.


As an independent trader you control you're own time. You trade when and where you want. The last two weeks have been fascinating to watch; well not really it's be excruciating. The Government just doesn't get it. We've done so well since our '08 recession that for the Government to threaten, BIG TIME, all of our advances is just pathetic. There have to be some fixes, we all know that.


Some high-lights: New all time high for the S&P. One hundred plus companies hitting new 52 weeks high with their stock value. All and all it's turned out well. Secret to trading is you have to be in the market in order to realize profit, whether it's stocks, bonds or our favorite, Commodity Indexes.


Characteristics of Great Traders..........
First of all it's Education: We have to learn to earn what we're worth. The best and most successful traders work obsessively to refine their edge further to stay ahead of the curve. After all we're trading the 'future'.


QUOTE: Failed traders are a part of trading, but because a true professional never gives up, as Michael Jordan has said, “ I've missed more than 9000 shots in my career. I've been trusted to take the game winning shot and missed. I've failed over and over again in my life, and that's why I succeeded.”


Failure is what makes us successful because we learn from our failures.

Richest 7% of Americans got richer during the recovery.

“The richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93% of U.S. Households.

The main reason for the widening wealth gap is that affluent households typically own stocks and OTHER FINANCIAL holdings that increased in value, while the less wealthy tend to have more of their assets in their homes, which haven't rebounded from the plunge in home values.” says an AP report released Tuesday April, 23, 2013

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Life is statistical whether we like it or not. We all are but players on the big stage of life. How we learn and educate ourselves about how money is made in America will make THE difference when it comes to our life before retirement and after retirement. Are you really going to depend on someone else to assure you have enough money to retire on?

Despite all our issues as a great democracy we still have in the United States of America the greatest opportunity for financial freedom of any country in the world. The problem, as I see it, there are too few people who believe in themselves. It doesn't take a college degree to learn how to make proper decisions regarding financial matters, although I highly encourage higher educations to those who can afford it, and by afford it I mean without coming out of the college/university experience with huge debts and few prospects for work. Anyone can learn to trade the markets, if they are just willing to dedicate themselves to the educational process.

When I say believe in yourself, what I mean is first understand and believe that great wealth can be obtained and is done everyday by those who have applied themselves to learning. And when it comes to learning why not become educated about finance/trading/money, etc. etc..

If you haven't read this blog from the beginning I encourage you to start at the beginning, for you will see I had a mentor, someone to show me the way, get me started and encourage me. Any pro athlete, no matter how many millions of dollars they are making a year, who understands his or her talent has a coach/mentor/instructor/trainer someone who can bring to the table a fresh approach to the way the Professional does his or her job. Yet when it comes to life few people seek out a coach/mentor to help them become educated in the ways of the world. Mentoring is critical to financial success for 93% of us.

What I'm trying to say is that when it comes to Trading it takes, because it's so difficult a mentor, a coach to help everyone from the beginning to the more astute develop a formula for success.

Once again if you've followed this Blog you know that the only reason I teach Commodity Index Trading is because it's one of the way we, my wife and I, fund our non-profit charitable medical foundation.

I've long been a collector and student of quotes of other successful and inspirational people and I love collecting quotes of all types. Here are a few, with more to come through Facebook.com/Learn2DayTrade, and through Twitter@ecorpimages and Tumber/Learn2DayTrade and on LinkedIn/JayHousley. Click on any and all of them to follow me.

Luck is the convergence of opportunity, aspiration and agility. “ -unknown

Change is the price of survival” -Winston Churchill

Persistence and common sense are more important than intelligence”. - Gary Player

 

My three courses are one-on-one. I've been doing it for seven years now since I started teaching the Art & Science of Commodity Index Trading. With 39 years in the commodity markets I'm convinced it's all about Education / Knowledge.

BIG - BIG WEEK

BIG WEEK.....there's a lot going on in the markets. FOMC 2 day meeting this week and Uncle Ben does a head fake (everyone expected tapering) we didn't get it. We're not healed yet as an economy.


Then we had quadruple witching on Friday. Despite or in-spite of everything NASDAQ hit 13 year high. Best week since July 13th. First time we had 3/4's of a year positive growth. DOW most positive since 2006 with S&P best since 2007. We're headed in the right direction....we just need the Congress to get their act together, with they won't do, till the last moment. CAUTION: BEARS AHEAD. Almost a 100% return on EBITDA ROI this week.

I've long been a collector and student of quotes of other successful and inspirational people and I love collecting quotes of all types. Here are a few, with more to come through Facebook.com/Learn2DayTrade, and through Twitter@ecorpimages and Tumber/Learn2DayTrade and on LinkedIn/JayHousley. Click on any and all of them to follow me.

“If a man is to be found on top of a mountain he didn't fall there, he climbed to get there.” -Adoph Rupp

“Everything is dangerous my dear fellow. If it weren't so, life wouldn't be worth living”. -Oscar Wilde

The best way teaching gets done...... “ One-on-one teaching, is the ideal, that's what you'd like to achieve....when it comes to teaching”. -Bill Gates

My three courses are one-on-one. Been doing it for seven years now since I started teaching the Art & Science of Commodity Index Trading. With 39 years in the commodity markets I'm convinced it's all about Education / Knowledge.

 

Eight (8) out of Nine (9) Sessions have been UP!

 

What another interesting week....Markets up 8 of 9 sessions, good for the Bulls. Regarding commodities some (Gold) down......others (Crude) weakening to start off the week with a little pop mid-week up, we're now trending down.....so far. Great thing about being a day-trader is that we trade long or short on a variety of commodities and other than a long-term concern that our stock portfolios go up, we as day-traders love the up & down volatility of the commodity index markets.

 

Next week is FOMC week and it could be a very volatile week. Good for us day-traders because we love turbulence but not necessary good for the equity markets.

 

On another subject: I work with indicator developers to beta-test new and developing programs. I'm getting ready to start testing another new indicator that looks very promising. As always I share what I learn with my students. Commodity trading is a continuance educational process and continuing education is critical. That's part of what I love about day-trading; the continuing education that challenges my understand and mind. As an Outlier I understand the importance of putting in the time to become proficient in anything we do.

 

I've long been a collector and student of quotes of other successful and inspirational people and I love collecting quotes of all types. Here are a few, with more to come through Facebook.com/Learn2DayTrade, and through Twitter@ecorpimages and Tumber/Learn2DayTrade and on LinkedIn/JayHousley. Click on any and all of them to follow me.

 

“If it wasn't hard, everyone would do it. IT'S THE HARD THAT MAKES IT GREAT.” - Tom Hanks

 

“An arrow can only be shot by pulling it backward. So when life is dragging you back with difficulties. It means that it's going to launch you into something GREAT. So just focus, and keep aiming.” - Anonymous

 

“People don't change what they do based on what they know....people change what they do based on what they feel”.....from the Dr. Oz show.

 

 

Great Quotes

August & September are traditionally down and/or slow months for the markets, but one never knows. As a day-trader it's actually easier to see and follow the short-term trends vs determining, following and staying in a direction for a long or longer period of time. This is a large part of why I love day-trading vs when I was a contract trader on margin. While as a day-trader we are in a 'pure price play', it's still more determinable than the ups and downs of the longer trend trades. As a day-trader we are usually in a trade for no longer than 22 sec. on average-so it's claimed. No matter it's a very in-and-out trading style, with no overnight open trades. One can make a lot of money in a few seconds of trading but it's the education and preparation that must be developed in order to be successful. That's where I come in.

 I traded the 'Black Monday' of Oct. 19th, 1987.......some say I'm old enough to have been around for the 'Black Friday' of September 24th, 1869 and the 'Black Tuesday' of October 29, 1929, but of course that's not true. I have however at 64 year of age, traded through the Dot.com crash of March 2000 and the Debt Crash of September 2008 and the Credit Crash of March 2009, not to mention the May 6, 2010 “Flash Crash” and others. But I've also been in the markets when we've had Big Up Days. You just have to be on your charts and educated and be prepared for whatever the markets give you, long or short. Teaching these disciplines and sharing with the few serious trading students I accept each year is why with my 39 yrs. of trading experience, as a trader, I am so passionate; that and the fact that the course fees benefit my not-for-profit medical foundation and can be structured to be tax-deductible to you.

 I've long been a collector and student of quotes of other successful and inspirational people and I love collecting quotes of all types. Here are a few, with more to come through Facebook.com/Learn2DayTrade, and through Twitter@ecorpimages and Tumber and on LinkedIn. Click on any and all of them to follow me.

 “What good are the gifts we have if we don't share them”. …....Arlen Faber

 “You may never know what results come of your action, but if you do nothing there will be no results”.

“The enemy is fear. We think it is hate, but it is fear”. …......Mahatma Gandhi

 “The gap between rich & poor in this country (USA) has never been greater, we have the biggest income disparity gap of any industrialized country in the world”........Ben Bernanke, Chairman of the Federal Reserve. 12/5/2010

 

 

 

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Testimonials:

Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.

 

Risk Disclosure:

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without

jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only

those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of

future results.

 

Hypothetical Performance Disclosure:

Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.