The USD’s rally is catching the attention of commentators.
However, their focus is on the Dollar Index, which ISN’T a good indicator of USD performance.
Most traders grasp the importance of emotional awareness when trading.
However, most aren’t aware of how important it is when they are out of the market.
The problem with trading emotionally isn’t so much that emotions are unreliable, it’s that allowing them to dictate decision making is frightfully inconsistent.
If you want to become a better trader, you will have to become intimately acquainted with yourself.
How do you react emotionally to losing & making money?
95% of retail traders lose money.
This doesn’t mean that trading is a fool’s game, only that it is very difficult.
How then do we become better traders?
The summer rally in US equities has gotten folks bullish again.
But, from a broader perspective, it looks as if equities are fighting the bullish battle alone.