Wall Street is chopping onions and crying

Hey everybody, Today was a choppy day in the market.  Those institutional traders should put on their goggles if they're going to chop onions while trading.   Their impaired vision is the only explanation for the way the markets were sliding around today... Or according to Yahoo Finance, it's the "optimism over widespread post-pandemic business reopenings against concerns over economic overheating," but what do those guys know? The Legend is Back. If you were a trading veteran of 40 years, you think you'd take a break now and again, but that's not how Tom Busby rolls. He's right back to work tonight, riding into town on a horse called "High Noon," the legendary trade setup he wants to share with you in a special workshop. Click here to reserve your seat for tonight's class at 8:00 PM ET Scrub-a-dub-dub It's Springtime, or it will be on March 20, and Spring is a time for new growth, new beginnings, and chocolate bunnies. It's also a great time to do some spring cleaning in your trading account. Click here to read Rob's suggestions on getting rid of the cobwebs. Hey, why'd you buy that? Have you ever stopped to think about the companies you're investing in?  Do you like how they run their business, or do you get in a trade strictly because of what your indicators tell you? Either way, Rob has some thoughts on why you should be proud of what you invest in. Read the article here. Looking back over two decades spent as a high-performance tennis coach, it was easy to predict the ones who would become superstars in hindsight. All was revealed in their answer to a simple question. "What do you want to do with your tennis?" The eventual superstars answered quickly and easily. "I want to turn pro." Interestingly, the kids who responded that way had no right to think such a thing. They weren't one of the best players in the country. They didn't have perfect strokes. They didn't have unlimited money or the backing of the USTA (United States Tennis Association). They just had an idea, a "vision" (self-help books love to use the word vision). And eventually, the kids who answered this way ended up on the pro tour or had amazing careers. On the other hand, the ones that said, "I don't know" or "I just want to get better" never reached their potential. They did okay but not anything like the others. Were they worse prospects? No. They just weren't interested. And no amount of great coaching or superior athletic potential can overcome not being interested. Because when the going gets tough, they'll quit. Or when the going gets good, they'll be satisfied and bail out early. No matter what occurs, the ceiling is set, and it won't be violated. It's the same for trading. If a Monster Win isn't our goal, then we won't get Monster Wins. We'll stop trading as soon as we lose or we'll sell out at the first sign of a little profit. We can't get 100% if we're satisfied with 10%. We'll never get to the finish line. The truth is: Monster Wins come from the initial desire to get Monster Wins. It's not the system or the trading execution. If we want Big Profits, we have to want them in the first place. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument. Daily Profit Publishing , 1800 Hughes Landing Blvd. Ste. 200, The Woodlands, TX 77380, United States Update your subscription — Unsubscribe