Many traders and investors constantly tinker with their technical indicators thinking that if they tweak this or add that, that they will get great results or solve a problem they may be having.
That if you find the right technical indicator, or combination of technical indicators, that will be the holy grail and you’ll be rich. I talked about this some in my post on July 16.
I think the biggest thing in trading is just figuring out… how to manage yourself. How to control your fear and manage your greed… or your patience and discipline.
You have to know which one is your greatest weakness. Your one thing that might make all the difference.
What do you struggle with most? What do you do battle with? What is that one thing in trading or investing that if you could get control, your account would soar?
Today’s Video
After 2 weeks of consolidation the market looks to be lifting off on its next leg up. The Dow Jones Industrial Average (DJIA), S&P 500, Nasdaq Composite and Nasdaq 100 all sit at all-time closing highs.
The video below is a brief version of what I provide my Insider Members. In this video I look at the DJIA, Russell 2000, the semiconductor, homebuilders and financials ETFs.
I then dive into the Gold Miners ETF (GDX) and the 3X Bull Gold Miners ETF (NUGT).