Monday Notes – It’s All About Bias
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I’m not sure what’s more work, building a new website and chat forum in two days (btw, thanks for all of the comments … and I’m not done yet) or trading your heart out in the morning.
Regardless, I’m a bit tired so I’ll let this morning’s tank transcript speak for itself as I remind everyone that profitable trading is all about moment by moment bias … a concept all Jellies have had drilled into their heads for months, and which was reinforced in last year’s Keys to the Castle post.
Get the bias right, and you can trade far from perfectly as the immediate rhythm does the work.
btw, I’ve added a new post category to the right for “Tank Transcripts”, which I’ll continue to post from time to time. Also, a reminder that the new ”Jellie Speak” tab at the top will take you to a list of acronyms often used in the room and in my posts.
Don,
Quick question: what is PBS? I did not see it in the jellie speak and I often saw “tubing pbs” in the picture of the chat.
Lucas – “Pullbacks”. Don
Don, Here’s a great motivational video I’ve been watching a few times every day.
http://www.youtube.com/watch?v=sAPv_DhIFkQ
Thanks Chuck. I added the video to the Motivational Video page. Don
Loving the new blog format, so glad you didn’t leave us behind. You don’t talk much about your health. Want to see you in peak condition as you know how vital balance is in this path, so let’s see some tracking of some health related goals too!