Around this time last year my new years trading resolutions were a lot different then they are now. Last year I was in a bad place mentally and at the point where I really had to re-construct myself in order to get focused and keep with this career. My goals were a lot more specific and dealt with following my trading plan, and handling my money management better. Honestly it's a big relief that I didn't have to go through that same life or death (figuratively speaking of course) scenario and could make a goal of something that I actually wanted to do instead of something I had to go. As you know I'm a firm believer in "Kaizen" philosophy of continuous improvement so this year I wanted to improve my knowledge of the fundamental side of trading. Don't get me wrong, I will still trade using strictly technical analysis, but I would like to know more about economics and how everything works so I can have a greater respect for the market I guess, but also involve myself in some deeper conversations with my peers. When I tell people that I'm a trader in the financial markets (and I proudly say that instead of backing away from that title like last year) the first thing they usually ask is a fundamental type of question like "so what do you think about the European Union?" And I usually answer "well I know it's bad". lol Seriously though, I usually explain to them that I strictly follow the charts and could care less about the news that comes out. Needless to say getting into a conversation on technical analysis with people that know are unfamiliar usually ends pretty quick. So I would like to have something better to talk about. Mainly I would just like to know because I feel like I should be knowledgeable in the field that i do my work in whether it's specific to my techniques or not, but I would be lying if I told you the social involvement factor, especially with my peers in the field wasn't a factor.
I would love for anybody else to share there New Years Trading resolutions as well. Maybe you can spark an idea for a fellow trader.P.S. Starting next Monday I will be working with Triple Threat Trading & T2 University running a live trading room. There will be a free 2 week trial so please check it out. https://t2trading.tv/ratio