Archive for March, 2008
Thursday, March 6th, 2008
Present Tense Information
In 20 years or so of mentoring, one mistake newbies make stands heads and shoulders above the others: they mistake the map for the territory. What did Ray say? What map, what territory?
The map is the best guess we make about future market direction; the territory is the reality of what the market is doing. […]
9 Comments » - Posted in Written Plan by ray
Wednesday, March 5th, 2008
The Initial Balance: Two or Three 30-Minute Periods?
Before I delve into today’s topic, I’d like to tell you of a great bonus to my readers. From time-to-time, I’ll post the Camtasia file of my trading diary in order to illustrate a point. The idea of using Camtasia as part of my journal came from Dr. Brett Steenbarger (http://traderfeed.blogspot.com/). Thanks Dr. Brett, this […]
5 Comments » - Posted in Written Plan by ray
Tuesday, March 4th, 2008
The Initial Balance and Day Type
I received a number of e-mails and I noticed that the members of of one of my links expressed the same problem. But before I get into the blog, I’d like to ask a favour. Please direct questions on a blog to the blog. I’ll no longer answer private e-mails unless you have raised issues […]
2 Comments » - Posted in Written Plan by ray
Tuesday, March 4th, 2008
Success Depends on Knowing Your Outcome
The Asian Traders Investment Convention (ATIC) held in Singapore over the weekend drove home to me how important it is to our success that we clearly identify the outcome we want and the reasons for the outcome.
In Singapore, I hold one seminar a year. The aim of the seminar was always to provide an educational […]
6 Comments » - Posted in Generic Success by ray
Monday, March 3rd, 2008
Night Off
Hi All
I am taking a night off. A hectic weekend schedule and five hours in dental surgery have taken their toll.
I’ll write an extra one tomorrow morning to get back on schedule.
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