I want you to ponder that as you venture out on what I know will be a profitable 2016.
My first suggestion? Buy yourself a journal and document all your trades for the New Year. This will give YOU better insight into your trading style. In addition, document whatever stands out to you about the markets on a particular day. Any, "ah ha" moment.
A better assessment, should most certainly lead to better outcomes. But you must first start by assessing your trades and the markets. This is a must! My trading results improved tremendously because of this and I believe yours will too. For more information and an example of what a trading journal should look like, go to shortmetina.com and sign up to be notified on when we go live and for additional resources.
Now that we’ve got that shameless plug out of the way, let’s wrap up. Why is it that I am up on all 3 trades I placed today (one of which is up 30%), while the market is down? I did my homework and I prepared for today.
I leave you with this, in order to make 2016 a profitable year, you must enter the market at your most optimal.
Start with buying yourself a trading journal and begin studying every single one of your trades.
Good, Bad or Ugly. Please leave a comment on any social media site of your choice. If you learned something today, hastag, “shortmetina” somewhere and join my mailing list.