This is a fairly deep dive into some of the issues traders face. Not everyone will complete this test - kudos to those who do! Remember to save your results, and come do the test again in a few months to see if you have made any progress. Rinse and repeat.
The Trader Test is designed by Richard Friesen of Mind Muscles Academy. Rich works with financial professionals, independent traders, business leaders and entrepreneurs who want to expand their mental game to make more consistent profits. With in depth experience as a broker, floor trader, financial software developer and entrepreneur, he brings concrete real world experience to his clients.
January 18, 2022
Monday’s globex trade did not offer any changes to make to current analysis. The ES does appear to still be working through a wave 3 decline to complete the larger Minor wave 3 within the initial declines of a larger degree correction. Within wave “3” I’m counting as complete wave 1 and possibly 2 of …
January 17, 2022
Monday’s globex trade did not offer any changes to make to current analysis. The NQ does appear to still be working through a “C” wave decline to complete the larger Intermediate 4th wave correction. Within wave “C” I’m counting as complete waves 1 and 2 of “C”. Wave 3 of “C” is subdividing and the …
January 17, 2022
Since the U.S. market are closed on Monday in observance of Martin Luther King Day, tonight’s update is more of a review of the large picture down to the daily picture. I have made a small adjustment to the hourly labeling, but overall I review where the ES has come from and what the picture …
January 17, 2022
Since the U.S. market are closed on Monday in observance of Martin Luther King Day, tonight’s update is more of a review of the large picture down to the daily picture. I have made a small adjustment to the hourly labeling, but overall I review where the NQ has come from and what the picture …
January 13, 2022
Thursday’s trade was very revealing to our near term picture. The NQ did give the rally a good try but it did fail. The failure brought out several rounds of sellers which eventually swamped the four major indexes creating what I call a “Billy Graham” sell off. Back to the NQ – the market did …
January 13, 2022
Thursday’s trade was very revealing to our near term picture. The ES did give the rally a good try but it did fail. The failure brought out several rounds of sellers which eventually swamped the four major indexes creating what I call a “Billy Graham” sell off. Back to the ES – the market did …
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