Profit Taking Making its Rounds

Alright MTR readers, its Friday and considering the flows of the week, we just have one thing to say,

Do not try to be a hero today!

Keep things light, if you have had a rough week, don’t force things today, as a long time trader, this is the worst move you can make. Realize that you are in it for the long haul and that one day, one week, one month, doesn’t define your reality! One of the best attributes a trader/investor can have, in fact one of the biggest and most important attribute, is the ability to just WALK AWAY! This coincides with the ability to take a loss. Its sounds easy, but let me tell you it is not! It takes years to learn, its a skill that doesn’t come easy.

Why? Because humans are arrogant by nature, stubborn, usually unable to see past the fog of their own delusions. Anyone can take off a winner and lock in profit, yet very few can say, “ IAM WRONG.” That is the truth and trust us, this is decades worth of experience talking and to quote Billy Beane played by Brad Pitt in MoneyBall,

I hate losing, I hate it, I hate it more than I even wanna win, and there’s a difference! -Brad Pitt Moneyball 2011

Here is a link to the scene, MoneyBall Process Scene its the start of the turn around and if you haven’t read this book or seen this movie, well, please do yourself a favor and do both!

If this scene and the music don’t inspire you, well you might not be understanding things, you might not be looking at things in the right light. This is the “process” that we want you to hone, to take in, to drive into your psyche. See winning is a mentality, like everything else. We live in this reality, most of which we don’t really understand and yet so many fail to realize that its our attitude that shapes our perception. We must find away to always see things as a positive, to take a week like this where if you were on the wrong side, well take it as a blessing to learn and dig deeper as to why?

The universe is full of answers, but humans are full of excuses, don’t make excuses, change your mentality, change so that your give yourself the best opportunities, the best chances at success. This world is run on probabilities, you think people are more fortunate, have more luck, but maybe, just maybe, they have put themselves in a better position, maybe they have stacked the odds a little bit better in their favor. Think of a casino, their house edge is just a few percent, but that few percent translates into billions in profits! Point is stop thinking too large, too big, start thinking smaller, tactical and more acute. When you look at things this way, little gains, little wins, they all start to eventually over time, forge a winning attitude and you mold and sculpt a better version of yourself!

Please subscribe below to get full access, MTR will change your mindset and make you a winner. We provide insight and structure market data like no one else and over time you will notice your mentality change, your mind will see markets in a whole new way, you will see life in a whole new way, plus its way cheaper than even 1 Starbucks coffee per day and you gain more than just a few minutes of enjoyment, you gain a lifetime of learning!