“Money
is in the bank; time to party!”
Well, to be honest, everyday for the dog
is “party day”. People only exist to either play or feed him; and when he gets
that look from me [“yup buddy, we cleaned
‘em again today … what do you want to do today?”], the response in his eyes
and body language is always the same. “Master,
I don’t care how you fix it, so long as 1) beach, 2) bacon, & 3) rides in
the car with the windows down is in there somewhere!!”
I must have done something to “please”
the trading Gods this week, cuz I’m thinkin’ this morning as I turn the screen
on just how frickin’ awesome it would be to get some trades done early this
Friday morning, with a waterfall move down, followed 90 seconds to maybe 3-4
minutes later giving it back to ‘em a couple of bucks higher. “Bada bing, Bada boom … will there be
anything else mortal?”
If I’ve learned anything from trading
for over 35+ years, and of course hanging around the dog, it’s to never “Why ask why?” People that ask “why” are
the ones that think they are analysts; it’s delusional thinking. I am a trader,
taking advantage of shifts in momentum before others recognize what the hell is
going on.
Which, by the way, always leads to the
ultimate comment I get from other traders; “Well,
if everybody followed your algorithm, or even knew of it, it would be self
defeating because the market would be prepared for your trades and cause you to
lose money.” Let me point out the errors in logic of this: "1) the market is made up of millions of
traders, all with different objectives & schemes for why they are trading;
watching me is pointless to their objectives, 2) 99.99% of other traders have
their own methodologies, systems, and or algorithms and don’t have the time or
patience to worry what the hell I’m doing, and most importantly 3) following
any algorithm is the ‘hardest, easiest money you will ever make’, and getting
people to actually believe it’s in their best interest to believe me and not
their brains, very much goes against basic human nature."
Over in the right hand column, under “Download
Links” is the gold volatility algorithm that anybody can download for free from
my shared file account at box.com. The PDF manual is there, as well as the MQ4
file you need to run the algorithm, as well as instructions for downloading and
installation. These files have been there for some time now for the world to
see.
And yet, day after day, week after week,
and month after month, the moves gold makes and the buy signals the algorithm
[via the rules] makes continue to make money like you got your own personal
ATM. Ok, how come? If the world knows I’m using the algorithm, how come it
still lets me make money? [Hint: see 2 paragraphs above.]
2 trades today, both directly below.
So, let’s take a look today at the “hot
& heavy” action surrounding the 2 trades from a perspective of a little
hindsight from later in the session. Directly below, some exhaustion “hit”
action from this morning.
In the components section of the manual,
I give a complete theoretical explanation of why I use what I use to calculate
the exhaustion lines, and why they are so important for trading. “Ignore this at your own financial peril.”
Now, it being Friday, and the fact it’s
a “Chamber of Commerce” day down here in Paradise,
my interest in making more trades is just slightly lower than going with the Mrs. today as she shops for new shoes. In
other words, it ain’t happening.
Trading is simple; I didn’t say it is
“easy”. The hard part, if you haven’t discovered it yet, is following the
algorithm and making the trades without concern of any kind of thought. The
“thinking” has already been done away from the market; thousands of hours
without regard to a position in real time that always “skews” your thinking; it
doesn’t need any additional “thought” from you at trade crunch time.
Trading can give you everything [almost]
you want from life, but the most important element you will ever discover is
“balance” and the ability to treat life [life is trading; trading is life] like
the photo below. I am soooo outta here, you have no idea.
Have a great weekend everybody!
-vegas
OPEN A DEMO AND/OR LIVE ACCOUNT AT THE LMFX
LINK IN THE “DOWNLOAD LINKS” SECTION OF THE WEBSITE TITLED “OPEN TRADING
ACCOUNT – DO IT NOW!”
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