I am constantly pushing boundaries and knowing myself deeper so that I can motivate and help others to achieve their goals and dream. I read a lot of books, asked myself a lot of deep profound questions to know my strength and weakness so that I know how to combat the market and my emotions when it comes to trading/investments. This is my 16th year of trading/investment and by only knowing myself, I know what I can do and what to avoid. Of course, skills, knowledge and experience is equally important too when it comes to making big profits $$ and knowing others' mistakes so that I can pin point accurately where needs to be improved and built upon. Over the years, I have many students, some are hardworking, some are fearless, some come and gone while others have guts. Guts is something I cannot teach nor impart and it comes within oneself.
I received the message last night where one of my student made good profits but lost back some $$. The market was tanking down yesterday with fearful selling and many traders were looking to buy put options while the short interests increase tremendously. The selling was deep and profuse where many cut throat moments emerged where investors were dumping. I think it's important to know which phase of selling we are in so that we don't do silly stuff and eschew ourselves from all the noises. Knowledge in trading is important so we assuage ourselves from unnecessary emotions of fear just like how my student made some unnecessary loss when trading the Dow Jones. See the chart I drew, one needs to know the different phases of selling so as to know where to buy and where to short sell. Increase your knowledge, you increase your profits$.
Ron K - A Game Changer
