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PeterLBrandt
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Something really really special developing in #11 Sugar $SB_F
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PeterLBrandt
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Ask Grok "What does the trader Peter Brandt think about a market that closes strongly into a significant new high on a Friday before a three day weekend?" #Cable -- old timers will immediately know market this is
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There are some amazingly asymmetric trades setting up. Futures traders, be alert -- be very alert
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I think it is wonderful Bitcoin is making ATHs. I am long. I actually think ATHs is not technically significant Bull markets make ATHs all the time. It is the definition of a bull market On track maybe for top of $125,000 to $150,000 by end of August???? (Hey trolls, note the ?????)
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The true test of your devotion to your trading process is unflinchingly placing orders in the next signal after multiple consecutive losers In 2023 I had 19 losers out of 21 consecutive trades, then 2 winners, then four more losers for a total of 4 winners out of 27 trades.
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A trade with a big quick profit is actually one of the hardest trades to manage emotionally. And managing emotions is a huge chunk of reaching success. On one hand a trader wants to let the trade run. On the other, there is a giant profit to be protected. What to do??????????? Early on in my career I accepted the fact that I needed rules for everything - I mean, everything. Rules I had to follow and not over-ride. The challenge for aspiring trades is that rules cannot be optimized. You cannot have your cake and eat it to. $CC_F
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