On that note - Happy Trading!
Monday, 6 January 2014
Yes- It's Monday!
I love Mondays. It's always exciting to see what the markets will bring and see where my research from the weekend will take me. The challenge for me is organization. Having a 5 year old definitely has helped me get more organized but focusing on one thing in the morning prior to getting him off to school can be difficult. I hazard to say this is one of my new years resolutions bc so many resolutions fall on deaf ears, but it is a priority for me in 2014. Much of the action in the markets happens within the first couple hours and last couple hours of the day. Being I live on the west coast this means most of the morning market activity happens while trying to feed, dress and get a 5 year old ready. This emphasizes the need to be organized and do my research/ make a plan the night before. As I build trading into a business I find myself frustrated that things are not moving as quickly as I wanted, that I am learning too many lessons the hard way and just overwhelmed by how much there is too learn. I read a book a couple months ago that said investing is 80% psychology and 20% knowledge. So true! This has become a hot topic for me and one I plan to study in 2014.
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