“That men do not learn very much from the lessons of history is the most important of all the lessons that history has to teach.” – Aldous Huxley
Remember that as interesting and engaging as current events may be, as a trader, your job is to manage risk and try to deliver superior risk adjusted returns. Filter out the noise and filter out your bias.
As a general rule of thumb, when brokers are scrambling to raise capital, you might want to seriously consider how you are going to be positioned over the weekend. we are at key inflect points across the board and it is even more important that usual to bring your A-game.
Naturally, the first priority is always to manage your risk but it’s also important to make hay when the sun is shining. As we said coming into this week, it’s important to understand when you are moving into a window of time when you can, at the very least, make or break your Quarter.
For those of you who are not subscribed to any of the Premium services, I will try and do an impromptu session next week to cover recent action and what to look out for going forward.
Wishing you a great day ahead.