MGM Stock Analysis – Online Casino Netherlands, Hotels, Entertainment Resorts Roaring Back?
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This is the Centered Trading Channel. We merchandise US Stocks, Stock Options, and Cryptocurrencies. Each day we look at the S&P500, Nasdaq, Dow, and the Russell2000. We focus primarily on Technical Analysis, Trading Strategy, Trading Psychology, and Position Sizing.
I am a student of Fibonacci Analysis and the 3 Price Relationship as taught by Carolyn Boroden (Fibonacci Queen).
Centered Trading has a few key components in our approach.
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Trading with ????????? means that I must first prepare my mind before I turn on the computer. This looks like meditation, positive affirmations, stretching, exercise, proper nutrition, breathing exercises, & listening to calming music. I must have a deep understanding that all feelings of certainty is an illusion. I must look at the markets with a probability mindset. Trading with composure is to be able to have the mindfulness to examine my current emotional states (fear, anger, revenge, shame, euphoria – all these emotions can override and take me off course). I look at the markets with a sense of wonder and curiosity.
Trading with ??????? means that I must have a trading methodology in place. The methodology must be clear, concise, and followed. I must be clear about the position sizing as I’m not trying to force myself into profits or make the markets to move in a certain way. All desires/feelings of control is an illusion.
Trading with ?????????? means that I must follow through on my trading plan. I either take a small loss with the merchandise, ratchet upward the stops as the merchandise goes into my favor, or take profits at appointed profit extensions.
Trading with a Centered Mind (having focus, stillness in the mind, body, spirit, emotions) requires one to simply plant small acorns ?????. Some acorns testament become little seedlings ????. Some of these little seedlings testament turn into a tree ?. Some of these testament one day turn into a forest ?????. Many people do this in reverse – they’re risking too much into one trading idea and/or adding margin on top of what they’re doing.
Peter Borish – “Price Before Headlines. Discipline Before Vision. Price Before Sentiment.”
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Copyright ⓒ 2021 Centered Trading®. All Rights Reserved.
Disclaimer: The information on this YouTube Channel and the resources available are for educational and informational purposes only.
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past Performance is not indicative of future results.
You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Viewers are solely responsible for how they usage the information provided in this video, and for their results. Centered Trading does not guarantee the accuracy of any analysis based thereon.
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