Index Heavies… Clobbered!

27 02 2015

retracement on full swing for the index heavy weights.

index hevies

good !!

i’ll get my chance to enter my favorite again …

but not in a hurry now, will just watch and prep up for next week’s play !

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4 Rules at the Money Farm..

27 02 2015

Rule No 1:   Grow the Farm by accumulated Seeding, Nurturing & Harvestings.

Rule No. 2:  Re-seed the first, second and third of plump lush fruits.

Rule No. 3:  Enjoy and share harvests when the farm grows big and bears bountiful fruits.

Rule No. 4:  Practice no weeding permaculture farming method. But if really needed to weed out, at least use ’em to make composts or burn them and collect ashes for the worms 🙂





TRADERS’ MINDSETS

25 02 2015

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It has been theorized that your state of mind will dictate your trading methods. Experts in the field of trading psychology have pinpointed three main states of mind and how each has a direct effect on a trader’s profitability.

These three mind states are “having”, “doing” and “being”. Psychologists have noted that those new to trading start with a “having” state of mind. As they gain more experience, they move on to a “doing” state of mind. The pinnacle of profitability occurs when a trader moves into the last and final “being” frame of mind.

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The “Having” Mind Set

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A novice trader may focus primarily on profits. In this “having” state of mind, they are out of sync with the markets. They are blinded by their obsession to obtain the all mighty dollar and what it can afford them. Trading is not viewed as a job that must be mastered, but as a vehicle to escape from a world of mediocrity.

Many traders are in the business to make money, as well as they should be. However, if they are blinded by greed, they tend to take uncalculated risks. Looking at the potential payoff without carefully calculating market trends and other factors is a recipe for disaster.

It is impossible to graduate to a high performance level when you concentrate on “having” instead of how the game is won. If you trade in a “having” frame of mind, you may become frustrated when profits are not immediately forthcoming. With frustration comes a lack of focus. Without the ability to focus, you cannot gain knowledge from your experience on the trading field.

Other negative consequences of this mindset are feelings of frustration and anger. Frustration stemming from a lack of expected profits and anger directed at oneself or the market in general. These adverse emotions will only cause further decline in profitability. Without witnessing gains from one’s efforts, an individual may not give their best and may be tempted to “throw in the towel”.

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The “Doing” State of Mind

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If an individual continues on to trade another day, they will eventually move from a “having” to a “doing” state of mind. Learning that there is more to trading than the amassing of money, a trader will turn their focus on learning new methods of trading and what does and doesn’t work.

This state of mind is still primarily centered on how to turn a profit. Although a “doing” mind state is essential to becoming a seasoned adept trader, the main focus is still short of the mark. It is crucial to know what works and what doesn’t. However, a skilled trader will tell you there is more to the business then choosing one method and using it arbitrarily to make trades across the board.

Becoming a trader of means requires not only a winning attitude, but also a fine honing of trading skills. To develop these skills, you must make trades using various methods under a wide spectrum of market conditions. Only then can you develop the needed intuition to master the art of trading.

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Pinnacle of Profitability: The “Being” State of Mind

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A successful trader almost instinctively knows how to make a trade using the best method available for the current market trend and/or condition. This ability does not occur overnight. It is only accomplished through perseverance, knowledge of various trading methods and learning which one works given a particular market condition.

No trade is ever a “sure thing”. However, a profitable synchronicity almost naturally occurs when you are faced with a potential trade, have a feel for the current market trends and conditions, and utilize the method best suited for a potential payoff. This “being” state of mind ultimately lends itself to long-term success in the high stakes of trading.





First major trade 2015, MER <– Divs Play

24 02 2015

**** Entry Post (24feb’15) major trade means, ~500k to 1M as target exposure. entered on 281/282 level, risk level @280/275 ; reward level @ >300 ; plus 8+ divs (march 18, ex-date) initial exposure ~400k, plan to add more on dips or @ break-out of 285…. tic tac 🙂 entry  

 

MER - feb 27' 15

**** update post #1 (27Feb’15) MER - Update 27Feb 2015 adding on dips… short term trend + flag still intact. let’s see next week 🙂 accumulated position to date:

*** update Post #2 (13Mar 2015) Full Position Target of 1M achieved. As anticipated, the price may dip down to support level of 275 and it did hover up and below that level. I also did made the planned buy on dips until the 1M is completed although I missed  most of the dip buys at floor support level. Then for almost 2 weeks the tug of war between bears and bulls ensued up until todays’ strong Bulls move sending it back to 280. Next Week is the DIVs ex-date. Let’s see what happens then. mer 13mar15 *** update Post #3 (20Mar 2015), Post Ex-date; MER - Weekly Update 20 Mar 2015 MER dipped back to 275sh on the start of week that shall see the ex-date and I really wonder what drives them to sell that way?! At the ex-date (18Mar), MER dipped to as low as 265! 2 days after and it’s back to 271. Hmmm, had I have some spare funds I could have bought on that dip. So I’ll just keep note of that strategy for the next plays to be undertaken. Let’s see how MER moves next week 🙂 With that, the (3600shs x 8+ less tax) divs is in my bag waiting to be credited. DIV HISTORYMER - Weekly Update 10 Apr 2015 - ELECTROCUTED *** update Post #4 (10Apr 2015), MER ELECTROCUTED!! 😦 ** UPDATE Post #5: Weekly Chart_ May 22, 2015 Slowly But Surely… 🙂 MER Weekly - May 22 '15

JUNE 05, 2015

FINALLY PUT CLOSURE ON EPISODE TODAY. THE GAINS ARE FROM DIVIDENDS PLUS SOME APPRECIATION OF PRICE… ALMOST 4 MONTHS. WAS IT WORTH IT? OF COURSE!!! AS LONG AS THE RULE OF “DO NOT LOSE MONEY” IS OBEYED…. A GAIN IS ALWAYS A GAIN TO BE THANKED WITH 🙂





Farming 2015 – At the Money Farm

23 02 2015

Full Throttle to Money Farming … on a raised level.

With these as seeds 🙂

farming seeds...

farming seeds…