Those who are foreign to trading and investing need to understand this.
Trading is similar to having a gym membership in this way.
You put money in monthly and the only way things will improve for you (profits / gains) will be by the amount of work and discipline you put in yourself to perfect that craft.
These two correlate in this sense:
Pay a monthly balance to attend the gym
Put money into your account monthly or bi-weekly
No matter how much is spent at the gym or money put into the account. It will not make any difference in what the end results will be. Nothing will technically come away from spending more, unless that individual is spending money on supplements for their body that they may be lacking from their source of nutrition. No difference will be made from having a bigger account size than just the size of your wins and losses. Percentages will remain the same which is solely what matters within trading and investing to show how well one can manage risk and take advantage of winners. So if there is no studying and prep
The key to trading is finding a technique or tool that works best to highlight trends or patterns within individual tickers or indexes so that you can utilize that trend and profit. I’ve come to find that volume profile and the Ichimoku cloud indicators are my personal favorite for finding where a stock or index is trending.
TLT
Cooling off now after finding resistance. Just take a look at the high volume on the bottom of the screen, I doubt this move is over in the long run.
I like TLT shares for the portfolio.
DXY
Backtesting now. As long as below 104/105 the stock market will remain bullish.
Next time that the dollar breaks above that resistance I’d expect 109 to be reached
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