Hello ,
Thank you for visiting our website YellowTunnel. We provide free content on Trading Psychology and specific AI generated trades in up and down markets.
Investing is a challenging pursuit. If you're like most investors, it can be tempting to take advice from friends, family, loud-talking TV personalities, or even to go with your gut...all of which often produce lackluster results.
Meanwhile, professional and institutional traders seem to have all the luck. They profit whether the market goes up or down.
But it isn't luck that fuels their positive returns. It's techniques that typically require deep pockets and advanced skills.
In this blog post, Dr. Andrew Menaker talks about Process Vs Outcome. "Focus on the process, and let go of the outcomes". How many times have you heard this advice? And if you've heard it before, it's very likely you know it's a lot easier said than done. Perhaps this will help you in actually doing it. The topic is "Process Vs. Outcomes" Click Here Since 1996, I've talked to over a thousand traders, and a high number of them are boom & bust traders. Make money and lose it. Rinse and repeat. And over the years I've noticed one thing in common among every single boom & bust trader and many successful traders who've hit a celling.
Whether they realize it or not, they've conflated their trading process with the outcomes they experience. And it has to do with how they think:
(or bad luck, bad money management, market manipulation, or maybe even a bit of self-awareness by citing 'poor risk management', almost anything but poor process)...
Special offer for my subscribers...
To Great Returns, Vlad Karpel DISCLAIMER: Vlad and his team may have a financial interest in the picks as they trade many of the same equities and options they pick. Vlad Karpel and YellowTunnel (Company) is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. As an investor, you know that any kind of investment opportunity has its risks. There is no such thing as low risk stocks and we recommend you invest wisely and that only risk capital should be used to trade. Investing in Stocks and Options is highly speculative. No representation is being made that the use of this strategy or any system or trading methodology will generate profits. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on here and on our web site. The past performance of any trading system or methodology is not necessarily indicative of future results. All of the content on our website and in our email alerts is for informational purposes only, and should not be construed as an offer, or solicitation of an offer, to buy or sell securities. Remember, you should always consult with a licensed securities professional before purchasing or selling securities of companies profiled or discussed on YellowTunnel.com. Performance results that are discussed above are from the Live Trading Room , multiple YellowTunnel tools were used to achieve these results. Trade % Gain/Loss is calculated by dividing the $ Gain/Loss by the Max Risk which is the posted Stop Loss for the trade. YellowTunnel LLC, 318 Half Day Rd., Suite #215, Buffalo Grove, Illinois 60089. Website: https://www.yellowtunnel.com Questions or inquiries regarding the website and/or service may be submitted via email to info@yellowtunnel.com. You may also complete our inquiry form located here. Copyright © 2020 Yellow Tunnel LLC. All rights reserved.
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Tuesday, February 23, 2021
Process Vs. Outcomes
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