It’s so hard to believe that 2017 is hurtling towards the close in its short remaining hours. Time certainly does fly when you’re busy. Of course this has been quite an event filled year as well. The November Surprise of 2016 was just the opening act of unanticipated shocks, tumults, and surprises experienced in 2017, and 2018 promises even more dramatic upheavals.
I haven’t been talking about my trading much at all, but it’s been my primary focus throughout the year. I spent some time reading the opinions of other traders on trading message boards, and I’m always surprised by both the negativity and lack of open mindedness in quite a few of the posts there. Negativity in the sense that so many people think successful day trading isn’t possible (why would they hang out on a trading site?), and that they are certain as to what works and what doesn’t. For example they will act as an authority that “method A” in figuring out trading isn’t possible. They base this on the fact that it didn’t work for them, and they don’t know any one personally who is using that method successfully. This type of thinking is absurd. There are many things I’m unable to do, that I know those around me can’t do either, but that doesn’t mean that particular skill hasn’t been mastered by someone outside my field of knowledge. Thinking in absolutes of what will or won’t work will limit one’s mind growth. I guess you would call that thinking “inside” the box.
My trading growth in understanding has made good progress this year. I was fortunate to be able to obtain some insights that allowed me to connect the dots with other observational recurring market behavior. So much so that I expect 2018 to be a breakout year. It’s amazing how a key insight can help bring all the other discoveries into their proper order to make for a big picture revelation. The time needed to arrive at these insights has taken far, far longer than anticipated, and makes it very clear to me why the failure rate in reaching trading success is so high.
I could delve into my thoughts about Trump’s 1st year, but that would take up too much space and seriousness, so I’ll save that for the New Year. What a year though – chronicled via Twitter!
Here’s a video I found that sums up the year of Trump: