The Weekend Trader – SUNDAY Morning Trading Quarterback

We’ve all heard the phrase, “Monday Morning Quarterback” which describes using hindsight and history (which will of course always be 100% accurate) to prove one’s point, instead of having to take a stand as events were unfolding.

So we’ll call this and every other of the some 1,000 posts in this journal “Sunday Morning Quarterback” to reinforce that fact that traders must make decisions in real-time.

Over the past few years in the pages, I’ve tried dearly to provide multiple ways, tools, and most importantly in this industry of smoke and mirrors – concrete evidence – that once one TRULY understands the business of trading, the opportunities are endless.

And in the chart to the right (click to enlarge), I provide yet another piece of evidence as it unfolded in real-time last week.  Here’s my full Briefing analysis and portfolio positioning strategy from last week.

With all due humility, and as I’ve said repeatedly, the ONLY things that will EVER prevent me or any other bonafide trader (the minority amidst the majority of rubble and roadkill) from running a profitable trading business are (1) focus, (2) energy level, (3) motivation, and (4) simply showing up.

That’s it.

Period, end of sentence, exclamation point.

Those who know me well know that’s not a boast or brag.  It’s simple fact.

Notice I said nothing about evolving markets, regulatory changes, market conspiracy theories, etc.  We simply adapt and execute.

As Bill Belichick would say – in rather monotone fashion – “The record is what it is”.

But far more importantly than my record, and the ONLY reason this journal exists, is to try to do everything humanly possible to provide you with the tools.

Such as trading and blogging my way amidst these pages to a multiple-year sustained personal track record of over 800% growth from bare bones to a multi-million dollar portfolio … with every single penny in tact and which continues to grow to my choosing as long as I focus on the “four horsemen” above.

Freely paying it forward via a thousand journal posts, 17 Jellie Networking Room chat logs (always accessible via the post category menu in the lower right) with realtime “Sunday Morning Quarterback” narration, six intensive Trading After Dark (TM) episodes (once and for all dispelling any myths that trading isn’t a wonderful, bonafide, profitable business), ten months of weekly PivotPoint Advisors weekly Briefings, and personal discussions with thousands of traders.

None of which costs a penny … and never will.

For those desiring more formal and extensive trading educational tools that now rank by many experts among the best in the industry, we created the Jellie S&P Trader program.

And more recently, teaming with PivotPoint Advisors as their Chief Investment Officer, to put true wholesaling trading techniques to use for longer-term retirement assets via longer term cycles.

Call it full transparency and reality coming full circle from self, to showing others how to fish with their own capital, to now helping those stuck in the 401k/IRA limited-option corporate nightmare by providing an alternative based on sound and proven technical analysis principles.

Yet I still see too many people in this world, country, state – and even street – whining day after day about how hard, difficult, or impossible trading is, or that Don Miller, like Darby Shaw was accused of in one of my favorite movies The Pelican Brief, is a figment of someone’s imagination.

btw, as a quick aside, I love this exchange in the movie:

Edwin Newman: Where is Darby Shaw?
Gray Grantham: I think that’s also a question for Darby Shaw, but I know that she’s not available to answer questions as long as this “feed frenzy” continues.
Edwin Newman: Does that mean that you don’t know where she is?
Gray Grantham: No I didn’t say that.
Edwin Newman: Then you do know…
Gray Grantham: [laughs]
Edwin Newman: I, I take it this cryptic smile means you’ll not answer…
Gray Grantham: [smirking uncontrollably]
Edwin Newman: Okay Gray, you know that in view of all this, you know that there’s a lot of speculation that this woman is a figment of your imagination. That you created her, from a lot of different sources. Just as there are people who believe there was no Deep Throat, there are those who believe that there is no Darby Shaw. In other words, she’s just too good to be true.
Gray Grantham: She almost is

Even with evidence all around that would even pass multiple DNA tests.

Nevertheless, I’ll keep on keeping on providing mountains of evidence after evidence in the hope that a few of the millions of words in these virtual pages will be heard, and that Horton indeed hears a Who.

And so this week we once again direct the jury’s attention to Exhibit Number 587,432 in the form of last week’s PivotPoint Trade Briefing and setup which was there for all to see BEFORE it unfolded.

Just as the quarterback was dropping back.

On SUNDAY morning.

In this case, the target was indeed hit between the numbers of the receiver’s jersey.

Yer perhaps the true question is do you really want to get in the game?

Or simply discuss yesterday’s game at the water cooler.

I’ll be on the field … and to God goes ALL the glory.

Have a blessed weekend.

P.S. The $250 Jellie Webinar discount remains in effect … simply email me at don@donmillereducation.com and I’ll email a discounted invoice.  Signed, Darby Shaw.