≈ One step at a time ≈
As a student of the markets there are opportunities to grow daily. When you run your daily trading routine, you go through news, market analysis, portfolio management, trade management, new trade research, new trade entry, journaling, and continued education. It is important to develop processes so that you are efficient with your time and effective with your decision making.
All the steps you take daily are important, but do not forget the last one. Continued education is crucial in any field, and it is true in developing as a trader as well. There are many mediums to learn from, including reading a book from our suggested reading, listening to a podcast, attending a webinar like the trader’s lounge, halftime report or a nightly show, or discussing concepts with other traders.
What do you do to study up on the markets? Have you defined your short, intermediate, and long-term goals for your education? Just like your trades need a plan, your education needs a plan. It is important to have structure. Here is a challenge of the day: spend some time writing down your education goals for this month and next month to finish the year of 2020 strong. Make sure your goals are specific, measurable, attainable, realistic and time bound (SMART). This will help you stay focused on your process and allow you to grow one day and one step at a time.
Chart of the Day
Bitcoin Daily Chart
Bitcoin has had a tremendous rally over the last few months, reaching $18,000 per coin this week.
Video of the day
Great Internal Indicators to Read the Market
If you missed last night’s webinar, catch the recording above. Coach Gino teaches the team how to use some great internal indicators to read the overall market conditions.
Traders Lounge 11 AM EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
Cashflow Club 8:30 PM EST
Held every Thursday before Friday’s option contract expirations, this show helps you perfect your favorite cashflow strategies.
Halftime Report 12:30 PM 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.
Financial freedom is a journey
Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.
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