Tuesday, November 18, 2008

Trading involves ebbs and flows.  Market conditions can persist for long periods of time or change rapidly.

The key is to be consistent: to create and execute a game plan that can be profitable and sustainable over the long term.  I have noticed that when I get caught up in the short term factors (making money, not missing out, what are others doing) it takes away from the plan I have established for myself. 
    Many of us at Trading RM are focused on maintaining our consistency each and every day, week, and month.  By implementing a consistent plan, I am laying the foundation for profitable trading.  At the end of the year, I will not remember specific trades on a given day. However, I will look back and  reflect on whether I executed my plan, and whether I kept putting myself in positions to succeed. By focusing on positioning myself for long run success, short term fluctuations are mitigated and I can focus on what's really important: my trading.


Sunday, November 16, 2008

Trading RM is proud to introduce our website: www.tradingrm.com

the site you will find additional information on the Five Pillars of Trading RM, our proprietary indicators, access to a morning report, and information on learning how to trade, live on our trading floor.

The Morning Report:  Each morning, veteran trader Michael Osacky, prepares his morning worksheet on what he is watching for the coming trading day ahead.

If you have any questions or comments, please feel free contact Nandan Shah at ns@tradingrm.com or 312-640-1601.