I trade, and I trade well.
I have my bias sure ( as I am generally short humanity and long interplanetary travel ) but that’s beside the point. In order to trade well, one needs to put these things aside. I do my best to remain indifferent to market direction but.. even for us pro’s – this is often easier said than done.
If you look back at the bulk of my writing over the past years..you’ll see that I’ve matured. I’m not as angry as I once was “back in the day” when I first came to fully understand the degree to which markets are manipulated / designed. Now I don’t mean “markets are rigged” as….the stock market is only a simple reflection of human activity/sentiment on any given day ( you can’t rig that! ) but more so “the mechanism” through which we participate. The pre and after market activity for example, the stop runs…the central bank interventions, the media spin etc. All generally geared to rip your face off…and grind your bank account to dust.
I’m cynical to say the least. Can you really blame me?
That being said….I love every single minute of it. It’s my passion and I will never stop.
So here we are at an interesting junction where….I myself am presented with a conundrum of sorts, short of the many years experience and the “current knowledge / abilities” to see myself through.
I don’t want to buy dollars. But I’m going to.
The “old Kong” would have found any and every argument under the sun to justify / support the argument for the “continued demise of the American Dollar as the world’s reserve currency” and while this may hold true on much longer time frames – today’s not the day.
Grow people. Learn from your mistakes. Keep an open mind. Trade like a demon.
Kong getting long USD here tomorrow!