Thursday, October 28, 2021

Ron Swanson teaches trading

 
How's it going? 

If you're not familiar with the show Parks and Recreation, you don't know Ron Swanson. 

He's the boss in the show, and he's a gruff, ultra-masculine guy who leans ultra-conservative.

But whatever his foibles (it is a sitcom, after all), he actually occasionally gives some really sound advice that echoes outside of the show.

One I really like is aimed at his co-worker and the show's main character, Leslie.

Trying to convince her to take a sabbatical from work so she can focus on politics, Rob gives her this nugget (mild language warning!): 
 
 
Now, it's a silly sitcom, and who knows if the writers were trying to make some super deep point, but I actually think Ron's advice is sound wisdom we could all learn from.

You likely know by now that the Perfect Apple Trade model focuses on trading only one stock over and over again. I mean, it's right there in the name! 

But you might not know why I decided to focus on just one stuck.

The advantage of trading just one stock, and not a random stock, but the biggest and richest tech stock in the world (although Microsoft is biting at their heels with the run it has been on) is exactly what Ron talks about: focus.

We get to learn everything about Apple and take it all into consideration when we trade. 

Headlines, patterns, seasonality charts, etc. 

You could never know all of those details for any random stock you might want to trade with some other system.

But you actually can learn them if you're focused totally on one stock! 

Now, of course, I'm not saying every trader should only trade one stock all the time. That'd be silly.

In fact, I'll let you in on a little secret: I've traded other stocks before, too. Shocking, I know.

But when it comes right down to it, the best and most consistent success I've been able to find has come from trading the Perfect Apple Trade system.

Have we eliminated risk? Of course not. Do we sometimes place winning trades? Of course we do.

I'm not trying to tell you that focusing on one stock will give you some kind of bulletproof success system. That doesn't exist. 

I'm just saying that when we follow sound advice, focus on what's most important to us, and really nail it, we can see some pretty incredible results.

Hope you're doing great today and have a wonderful end to your week.

Trade safe,

Micah 
 
 
 
 
Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security.Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site.The past performance of any trading system or methodology is not necessarily indicative of future results.CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY.SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.All trades, patterns, charts, systems, etc., discussed in this message and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations.
 
                                                           

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