May Flowers
Seeds Are PlantedCurrent Thoughts
Time For an Update
Carpae Diem
Leaders Lead
I am more than just a numbers guy.
When I decided to coach my daughters in softball years ago, I tried to use my professional experience to help them be better players on and off the field.
“It’s more important to be a good sport than it is to be good at sports.” -Pop
Our youngest was an All-State pitcher in CT. She had natural talent, but worked hard to develop her skills.
As important, she worked on her mind. She believed in herself, and developed her own style. She wasn’t blessed with amazing speed, but she was reasonable, had excellent control, and had a wicked change-up that many times broke the batter’s back.
“There is no place to hide when you are on the mound” I would say to her. “It’s up to you to do your best and make no excuses. Your team will help you, just throw strikes. Learn how to handle the pressure and just focus on one batter at a time, one pitch at a time.”
“There is no defense against a walk.” – Pop
Decision Making
Trust Our Intuition
Friday 12:10 Trader X: I don’t have an edge here
12:24 PM E
huss be well
here is edge
70 is middle
we know 58/60 being protected
we know 79.5/ 80 yest close
that is battle really 60/ 70/ 80
68 bottom of pipe 2 day swing
relax at lunch
best short done
and need to rest mind then find another trade if hungry
if not lock profits
normally lunch muted range
12:31 PM Trader X
Thanks E, Resting mind watching golf
1:45 E i think 78.25 is key for now, use that idea if want to play
above good for longs, below good for shorts
Leaders Lead and understand there is no place to hide.
We are not evasive and do not duck making the hard calls. If we do not think we have an edge, we say it.
We are decisive and use our knowledge, intuition, and street smarts to help our team take action if they choose to do so.
Thank You !
How is this for confidence? I just had someone sign up for my three week session that ends next week. I need to find out more about this young man who sees the value in what I offer and is willing to take a risk. He is someone special and I will do my best to help him however I can, as I do for all the traders who want to learn with me.
11:08 James : Thanks E. Great Day and week as always! Really appreciate what you and Zeek do for us and the trading community. Awesome wizadry. Have blessed weekend all 😀
BryanS [4:18 PM] thanks e and all – another incredible week
The Journey Never Ends
Friday 5/17/2019
11:37 Sanjay : E,how did you learn to think in these unconventional,,wizardly terms-did someone teach you/ or its all your own discovery-Great stuff
Thank you Sanjay
I was willing to be patient and learn
I studied the masters
then i tried to find some things that made sense
common sense
then i discarded things that didnt seem to work often enough to be valuable
then and this is awkward
even XX didnt want to include in a webinar
I prayed for guidance
within 24 hours a flash of insight came to me
It took almost a year to develop that basic idea
then i studied with mentors
and combined long term and short term ideas
and was blessed to just have an inquisitive mind
then i started teaching
and i think keep getting more refined and better because I am willing to share with others
and that has helped me get better
so it is a journey
and we never really arrive
we just keep evolving if we are lucky
and never think we know it all
that hubris is our downfall
I have maybe 50 books in my stock/trading library
I have as many in my self-help / positive attitude library
and I believe screen time has been as helpful as anything
the exerience of seeing things on a small scale happen as fractals in larger time frames
I hope I am helping all of us become better at what we do
🙂
Here’s a chart to help Sanjay who likes to trade The Nifty Fifty. Additional interpretation for him was posted in our room.
Do you need help with your favorite trading vehicle?
A Few Recent Charts
Charts tell a story. Interpret them as best we can as new information becomes available.
This Week’s Trade Suggestions
Trade the Expected Range
- Buy Support in an Uptrending Market until it stops working
- Locate squeeze pivots
- Corrective Markets have sharp rallies. Take stops, try again
- Expect Bots to buy high and Sell higher
- Options Expiration Games are a factor this week
- Recent Positon Supports Identified as 2892.5, 2800.25, 2812.5, 2838, 2852
- Recent Day Trade and Swing Supports 2837.5, 2842, 2852
Recent Free Video
Check Twitter or find me on youtube for many other detailed Real Time Analysis Videos
Most videos are private and reserved for Traders who are serious and study in our chat room
Liquidity Crisis
Using Events To Further Power
Governments know there is a massive problem on the horizon. They let Bitcoin trade to familiarize people with cryptocurrency. There is an agenda to eliminate cash, and we may see that hit in Europe and Australia before anywhere else.
Get In Touch
MARKETwizardz.com
Naples, FL
admin@eminiwizard.com