≈ Start now! ≈
In 35 days, the new year will be upon us and individuals will be making new resolutions and goals for the coming year. How about we start that process a little early by focusing on what we want to accomplish in the next 35 days! Learning to master the art of trading can certainly require focused effort and let’s get a head start on 2019 by setting a few goals that we want to accomplish in the coming weeks. Here are a few ideas to help you create your end of 2018 goal list:
- Paper trade a new strategy 10 times.
- Finish a specific course (Technical Analysis 101 or Options 101 for example).
- Write out your trading plan.
- Not deviate from your trading plan a single time the remainder of the year.
- Create and adhere to a morning routine.
- Create and adhere to a nightly routine.
These are just a handful of the many different goals you could focus on. Take advantage of the last five weeks of the year and build momentum heading into 2019. The path to financial freedom is there for you and creating and accomplishing goals is one way to help keep you on the path and make the journey shorter than it would be otherwise.
Chart of the Day
STUCK IN A RUT
Like many areas of the market, the Russell 2000 ($RUT) could test short-term support this week. When short-term support has given out over the last couple of months on certain stocks and ETFs it has been a very telling sign of future price movement.
Video of the Day
Learn how to Backtest Trading Strategies
Join Coach Tim as he explains a simple and effective method to help with your trading strategy.
Today’s Lineup
ROOKIE CORNER
The Mysterious Ways of a Bear Market
How about them markets? We got a holiday-shortened week with horrible volume and a solid beatdown across the board. I have been fielding calls for the last several weeks about what is going on with these markets? The usual questions pop up like is the market crashing or are we just pulling back or is this just a big correction or sometimes even what the hell is going on?
Traders Lounge 11am EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
Halftime Report 12:30pm EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.
Market Recap 4:30pm EST
The Market Recap is designed to give you a quick overview of the day that was. While brief, this report is designed to cover all of the major events that drove the markets that day and help you plan for the trading day ahead.
