Life relates to trading and trading relates to life. Constantly revealing, unfolding before us as we trade and live, so I write about how my life relates to trading and how I trade the markets. Along the way I share my opinions on anything that evokes my passion or tickles my funny bone trying not to forget that enjoying life is the best part of living.
As I make my final picks for the last 20 of the top 100 songs I realize more and more how much I like music and how much I have yet to share. I could have increased my picks easily to 200 or more, but limits are like stops, and must stick to them. I am leaving many on the cutting room floor and debating about others leaving the final decision to the last. Like with trading often we see many opportunities but realistically we can only manage a few, and have to let go of those that don't fit into the day.
I share my music every day I trade and share about trading as my time allows. I thoroughly enjoy doing both that's why I have a trading room. I now know that I have many more days ahead when I can continue posting music to you. If I consider how many I may panic, like when seeing possibilities for trading. There are not only many tunes but many experiences to write about. So my journey will continue on this blog for as long as I have readers. I am looking forward to 2012 with a new optimism, blind at times and hopeful at others but without a positive outlook we will not make anything possible.
So here's hoping you'll join me in materializing the seeming impossible. Better put in Latin: "a posse ad esse " or "from being able to being" or " from being possible to being actual"
The phrase has been posted on my site for 2-3 months now and I've noticed that since I started posting that phrase on my charts, more and more traders are tweeting and speaking about creating the possible. So it is beginning to work already. I thank you for your time for following my blog and my posts about trading, music and life and I wish you a Happy New Year.
Wishing your all a continued prosperous journey in trading, living and dancing throughout 2012.
Funny it doesn't get easier. The more involved with listening to the past the more it evokes memories from times gone by. I wonder if that is why we get stuck sometimes in the past and forget to look ahead. When we know and see what was we may look for it ahead, but if we do not leave the past we cannot make new memories. Well said by the saying that you cannot drive down the road while looking in the rear view mirror.
Many traders, especially when new, cannot leave what was in the last trade or better still what they missed in the past. Their focus is there and they miss what is available in the present. It's referred to as living in the now or in the moment. Each moment affords new opportunity and new memory making, but what we do often instead, is compare it to what was and if it does not match our memory we may dismiss it as unreal and feel that our hope is useless.
The truth however is that the past is no longer real and neither is our memory perfect, because we change it. But we cannot change our embedded experience therefore our fear or hope becomes real in the present.
So, since living in the past only reveals our fear or hope of the future, which is also unreal, the present is the only "real". What we do with the present is opportunity missed or realized either repeating or breaking through to the new. Maybe that's why I like breakout plays the best.
Below is a list of the past, present and what will be my future so enjoy!
Happy Trading, Living and Dancing
and a Happy Joyous New Year!
Anni
It's hard to imagine a world without song. I know that when all is said and done, we relate everything to some sort of music. We wake up to bird song, and go to bed to a lullaby. When we rejoice, we break out in song, when we're sad we also find a song for the memory.
I do not know of a culture where song, rhythm or dance did not play a part. We told tales in song, even news was delivered from town to town in a rhythmic ballad. So imagine a world cut off from it. I do not think we would thrive at all. I think we would shrivel within and without. So why listen to endless talk on TV, radio. Why not blast some music instead. I guarantee your outlook will change for the better.
I think that deep within ourselves we connect to the cosmos through the energy music produces, and the Universe resonates with all the music we play and sing. So as you listen the the next list try to imagine what it would be like if we could not break out in a tune. Would the world stop spinning? Somehow, I think, yes. Otherwise why would we seek it, remember it, sing along with it and cherish it? So open you ears, let the music in and let the emotion express through your own voice and dance.
After the first 20 the next ones should be easy, right? Well not so fast, because the more I review the more I want to just replay them all. It's like some good trades when reviewed we want to roll with them again and again, recalling that sweet feeling when nothing can get us off the game.
I'm sure artist feel the same way. Certain performances are just better than others, and they know when their audience is with them. Likewise certain songs will recall feelings and evoke many moods sweet, sad or funny. But when everything links together with the heart, soul and mind is when everything clicks. I can only hope that the next 20 pick will satisfy the same with you..So, Enjoy
I have written and sent music out with my articles for most of the last four years on this blog. While I have covered much on the topic of trading, I have also covered much on the topic of music but perhaps in a much more subtle way. Much of the music I sent was via Grooveshark.com published on this site while many more I've sent out with my "Charts and Music" published on Blip.fm and Chart.ly
There have been so many moments in the last four years that have brought pleasure into my life on this blog, that I wondered what it would be like to pick the top 100 songs I've enjoyed sharing these past few years. So is born this "end of year reflection" published below and will be also shared on blip.fm for the next five trading days of the week. I doubt if I can put them in perfect order, from last to first as favorites, but I'm sure some will stand out more than others, so here goes my top 100 with 20 per day. Enjoy and may the new year bring much joy and happiness into your life.
Happy Trading, Living and Dancing
and a Wonderful, Prosperous New Year!
Anni
Christmas is about people. It's about rejoicing in life that all of us share here presently on this earth. We all hopefully share these days with family, friends and special someones at favorite places.
Markets will be here forever but loved ones may not, so it's time to embrace these days, leave the trading desk behind, and enjoy the Holiday and Christmas with another worship in mind.
Time to kick up heels, celebrate with total joy, and wherever you are I hope you're in love because that is the best state of mind. And don't forget to dance :)
It's funny about confidence. People think it comes from others, when it's the courage of conviction from within. Whether that conviction is encouraged by others or not, it's your action that brings it forth. You cannot give confidence to someone unless they are ready to accept their own ability to create.
Rallies don't just happen. They are brought on by enthusiasm, positive outlook and confidence that the outcome will be better than what we have today. Likewise, your confidence builds with practice and belief that improvement will be the reward of the exercise.
A trader does not become better by just reading about trading. Traders need to exercise their skills through which they are also developing their confidence. There is just no substitution for this process; no short cut appeasement for trying. We can pat ourselves on the back, but the results are permanent therefore confidence seeks success for fuel. So be it full or empty, success is the measuring stick by which we gauge our progress. The better our trading skills, we experience more success and our confidence soars. In markets, we call it a rally where it's sustained for as long as the conditions continue to be strong.
So, rather than waiting for a rally, learn to create your own, then you can experience the joy of a Santa rally every day.
I usually talk about what to look for on the chart on my youtube forecast for the week but I don't talk in absolutes because it's impossible to predict news, moods, feds, traders. Trading has many probabilities and a surprising amount of possibilities. In fact it has endless possibilities as we have all witnessed on Wednesday. On Black Friday the market looked like death but from history we knew of a probability of a Christmas rally, knew that news was possible about EU situation, but still had no clue about what was coming.
Many have written on the subject of hindsight remorse and and point out, correctly, that it is impossible to forecast and that no one should blame themselves for missing the action on sudden news and moves. None of us can grab it unless we're on top of the information at the moment it happens and act fast. Since most of the news was from Europe and US trading was not open, it was nearly impossible to capitalize on the news and most of the gains were already realized by market open.
So what can you do when those kind of situations happen? You are thinking that surely there is a way you can gain something, even if it's just crumbs from the table. In my opinion, that's when you can best use the time to watch the tape, and increase your trading chances for the following day. On big news days, chances are that people over react. They over buy or over sell and often they over hold. Big news needs to settle and become accepted, once verified. It also needs to be analyzed and given time for the rest of the population to receive it. We often forget, because we are always connected to what it happening in the world, that most people only receive their news once a day, or even once a week.
Spending your time plotting your trades based on probabilities can get you ready for further moves once the digestion is complete.
There are two moves possible after a big news day:
1, The world likes and agrees with the news in which case markets will continue to gain or at least hold to higher levels of the move while digesting.
2, The world rejects, dislikes or needs to further analyze the news, in which case the markets will likely pullback some if not all of the gains and hold somewhere for further direction.
When preparing for these, look for laggards as well as leaders of the move and prepare for both possibilities above.
On Thursday, we had our answer the NDX opened and moved higher, while the DJIA held to the upper levels and for both, we were prepared. Using the philosophy we traded: laggards, AAPL, AMZN, BIDU and CF; holders OIH and GOLD; gainers GOOG, MA, into Friday.
So, next time you see a Big News Move, remember to think possibility and get ready for the action.