Seasons Greetings!
Another year of trading is coming to an end, and 2018 is knocking on the door. Markets are now into position-squaring mode and in our own trading we should be acting accordingly - reducing activity and not forcing trades.
It's important not to act like the "miracle clients" in gyms: those people that enroll between April & May and by the end of June expect to have lost 10kgs, put on muscle and be ready to hit the beaches. Any sustainable endeavour is about consistency and longevity - a long run focus.
I would like to add a few thoughts that stem from the work we've done at FXRenew this year. Our community has continued to grow this year and that's a direct result of feedback and contributions via email and in the Trading Tribe chatroom.
As a result, we have studied, tested and implemented 2 new trading models this year:
which have been rolling along nicely thus far and which allow for much better diversification from a portfolio perspective. We're had good feedback so far, and it's always rewarding to see appreciation for our efforts.
I will continue to help traders to the best of my ability in 2018 through our Signal Programs, our Education pathways, our Blog posts, Webinars and random rants!
A few blog posts that you may want to ready/study over the holidays:
A Lesson in Consistency and Profitability Through 36 Trades
What We Learned About Trade Management After 4 Simulations On 200 Trades
Basic Economics for Traders: How Policymakers Influence The Economy
Basic Economics for Traders: Forecasting with Monetary and Fiscal Policy
Trading With The Business Cycle
What Ray Dalio Can Teach Us About Economic Success
Enjoy the Holiday Season, and see you back here for Jan 8th 2018!
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