Riding the long trend
This today from Jesse's marvelous Le Café Américain
https://jessescrossroadscafe.blogspot.com/
"It is important when playing for money not to allow distractions toaffect your play. You are responsible for what you read and where youspend your time.
...snip...
If you cannot maintain thediscipline required to trade you should do something else. Most (closeto 95%) are not equipped for this, and should ride the long trends asinvestors, and not worry so much about the daily noise. There is noschool for this, you must learn by experience, so you can own yourdecisions with some understanding and conviction.
In the end the market will teach you humility, and this is aparticularly instructive market, being artificially constructed and rifewith information assymetry, manipulation of the rules, and deception.
But the trends are resilient, if one has the eyes and the grace to see them."
Let us hope so.