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Wednesday, March 18, 2009

Wednesday Recap Podcast: Market and Trader Psychology (PODCAST)

"The safest way to double your money is to fold it over once and put it in your pocket." - Kin Hubbard

Welcome to the Wednesday Recap Podast.

I discuss the "near" Cocoa trade in a little more depth. The Daily Blog will contain a picture of the chart, showing you my exact thought. I finish up with a discussion on trader psychology.

(Podcast Included. If you're seeing this entry elsewhere and cannot play the podcast? Click this link to go to the exact podcast entry ...)

Here is a chart of CCK9 on the 10 minute chart:

(Click on the image to Enlarge)

Just a continuation of "dealing with what 'is'"

Click here to download this podcast.

It is now at least 'Day 516', since it has become obvious we need a Fixed Income CDO Exchange with standardized accounting and contract rules

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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