Friday, April 24, 2009

Taking Profits with the Skill of a Surgeon

The word is dire. The IMF (International Monetary Fund) has very clearly identified that we are in a recession equal to our Great Depression, and that it will get worse before better.

I trust this commentary. They are seeing the world picture, and see what nations are buying gold. While gold dipped in recent months the IMF was reporting nations worldwide buying more of gold, while retail demand slipped.

Study this article

http://online.wsj.com/article/SB124040469973043357.html

George Soros, the billionaire investor, also believes a tripling of nationalized cash infusion will have to take place, world wide, and that our alternatives of allowing the free market to play out are far from the reality of empty freighters waiting in China, and our automobile companies bankrupting.

For 10 years we have built our wealth entirely in "numbers and paper" via the financial sector, with little regulation, and no understanding world wide of what we were "doing".

Thusly, when we are profitable 8 times straight in recent trades, and all profits have exceeded 20% (most averaging 35%) we emphasize to you that in the current market environment I can't think of any investor who would not be happy with 20% returns. I see this as almost impossible in the stock market, and see index option trading as a skill that is much like a surgeon's, taking facts, intuition, and the control of nerves.
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Two way profits again yesterday, outlined in detail in our Open and New signals. We're hitting on all cylinders. Day traders have reported 13 to 15 profitable trades in the past 9 market days.


Floydian Therapy:

The Circle of Pain continued....

Full article at: http://www.oexoptions.com/FloydTherapy/CircleOfPain.pdf


Breaking out of a circle requires first identifying that one is in one.

Much like an addict, it is coming to terms with the powerlessness you have over the situation, and how the circle of pain becomes something you simply now automatically join, and cannot seem to get out of.

Imagine a giant Ferris wheel. You are not strapped in, and have no partner.
You have given your ticket and the ride has begun. The announcer says “this ride will go fast, or slow, and you will only be allowed off for bathroom and food breaks, when we tell you.”

“Here goes!”

That is the circle of pain.

SIX STEPS TO BREAKING A PATTERN

1. Identify the issue. This is key, and sounds simple, but is the hardest step.

You must clearly write down the complete issue you, and the partners in your
circle of pain, deal with.

2. Who in the circle of pain wants it to continue? There is likely someone that benefits from the pain you are in, although they would not see it that way.

What needs to change to make this person or people in the drama either not
want it to continue, or be forced to work to your rules as you exit the circle?

3. Where are the exit points? Remember, there are entry points to the circle of pain, and it is these same entry points that can allow your exit. What are they?

Ex: The family that constantly enables their children with money could put a
“trustee” in charge of the money, so that the Father did not control, and the
adult children had to see a “trustee” to deal with what they got for free.

4. Do you down deep enjoy the drama and not want the pain to end? You must

be very honest here, as many participants in “bad drama” seem to be “driven”
to stay in the situation as they are “lost” without the “game of the circle.” You
must find out if you are one of these people.

5. Find the quadrant or sector that you define will lead the exit. Tell the

other participants in the circle that you intend to do so, and how. There is
ALWAYS more than one person in a circle of pain.

6. Form the plan and exit the quadrant. Study the responses, both your own, and the other members of the circle, and write down to yourself what is taking place and what you will do differently.

If you are interested in learning more about Floydian Therapy:

Write me at : floydiantherapy@gmail.com
Sign up at: http://www.oexoptions.com/pages/FloydianTherapy.html

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