There it is — I said it. You can be the most talented person on the face of this earth but if you’re not willing to put in the work, you’re just a nobody! Do you think some of the world’s greatest athletes are who they are because they got lucky? Most likely not. They…
When you’re a trader that employs a time tested strategy, you must be an action taker if you ever desire to be profitable. Often what happens is we develop an opinion and that opinion proves to be a disservice to our trading outcome. Opinions are like assholes: Everyone has one but their purpose is shit.…
As discussed yesterday, the purpose of FedNow is ingenious, at least from the exterior based on what the government is going to tell you. If you haven’t noticed through the Covid era, big businesses became for the most part cashless. In doing this, they’ve incentivized the public to download their app. Through a series of…
FedNow is an instant payment service that will operate around the clock – 24 / 7 / 365 – allowing businesses and individuals to send and receive instant payments. Seems pretty straightforward, right? FedNow is the Federal Reserve’s first new banking platform in over 40 years. As Fed Chairman Powell prepares to push FedNow’s “start”…
Today I’m going to do a little something different. I’m going to spoon feed you an Opening Range Trade strategy that can reliably produce sizable profits! If you’ve ever day traded, you know that any little tip or trick that delivers an opportunity is helpful. We want to be efficient when we’re at our trading…
This applies to all corners of our lives, personally and professionally. Let’s face it — we’re all human. We live and learn by design. Believe it or not, there’s a pretty simple formula for success. Unfortunately, most people manage to complicate it. Learn from yesterday, do better today … rinse and repeat. Some are born…
My mother played a huge role in my life, which I’m sure many of you can relate to. From a young age, I spent every waking moment with her. I was an only child until my first sister was born. You could imagine how I was not a happy little boy to share with mom.…
Stagflation happens when inflation exceeds economic growth, causing a “stagnant” environment. GDP increased 2.1% in 2022 after increasing 5.9% in 2021. While inflation recently peaked to a 40 year (12 month increase) high in June of 2022, coming in at a whopping 9.1%. Back in the good old days most companies offered their employees what…
It’s all too often that traders allow their pride to supersede their trade plan. It’s human nature to want to be right, but that’s not how you trade! Once you’ve developed a trade plan, it is vital that you stick to it. If you don’t you’ll be a wishy-washy trader which will cause A LOT…
Someone did something for me that I can never repay them for. It was something they said they “had to do.” Now in all honesty, I asked them not to do it, as I don’t accept things well. You see, I’ve been a giver my entire life. I find fulfillment and joy in seeing others…