Trading The January Effect in an Election Year - Week 41 - 4-Minute Drill for Traders
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Uploaded by DisciplinedTrader on Jan 27, 2012
What can the election year do to your thoughts and emotions regarding your trading? Will you change your trading plan because of the "January Effect?" In this week's 4-Minute Drill for Traders, Norman talks about why it's sometimes ok to adjust your trading plan according to 'seasonal' occurences... As long as you're trading what you see and NOT what you feel.
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Uploader Comments (DisciplinedTrader)
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Your videos are very useful, I trade what i see and not what i think or how i feel about news. If i see good support on an uptrend, i Buy. If i see resistance in a downtrend, i sell. period. This week News of the Euro was grim but it kept on rises sharply. I made very good profit however i kept reading ALOT of traders shorting based on negative news.and upset because they kept getting stopped out, its bad news so it should drop!! right...Wrong. Great videos Norman.
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Are you trading what you SEE and not what you FEEL?
Norman
DisciplinedTrader 1 month ago