October 26, 2012
- in Uncategorized by schooloftrade
US GDP and Consumer Confidence to Finish the Week
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The James’ Report: Day Trading Strategies for Professional Traders
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DILIGENT TRADER: Diligence is the discipline to progress in a purposeful direction with consistency. This should not be confused with strife, which is the strenuous effort to complete a task, which often shows poor results and inefficiencies. Many successful traders have difficulty balancing their personal and professional lives between diligence and strife, and our abilities to work at a pace that will produce our long term goals, while allowing us the time we need with family, friends, and self. In a journey of a thousand miles, we cannot use all of our energy in the first mile, we must conserve, taking one step after another in a way that will purposefully get us to where we are going, while allowing us to enjoy every day along the way. Take the time today to step back and look at how we’re spending our time. Are our priorities really in line with our goals today? News from Europe & Asia for US Morning Session:
– AAPL misses and guides lower
– RBNZ Governor Wheeler sees scope for rate cuts if needed
– S&P cuts ratings of several major French banks citing economic risks
– FT comments on Finland: Parallel currency as being imaginable
– IMF on Portugal; serious downside risks exist to outlook, risks are rising for the bailout program
– Euro Zone Working Group: Greece off track an likely to badly miss bailout targets
– Markets focus on US Q3 Advanced GDP reading during NY morning
– RBNZ Governor Wheeler sees scope for rate cuts if needed
– S&P cuts ratings of several major French banks citing economic risks
– FT comments on Finland: Parallel currency as being imaginable
– IMF on Portugal; serious downside risks exist to outlook, risks are rising for the bailout program
– Euro Zone Working Group: Greece off track an likely to badly miss bailout targets
– Markets focus on US Q3 Advanced GDP reading during NY morning
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the Complete Morning Prep for Day Traders Here
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