Ideas For Jumpstarting the Market Week

*  If you want to know another person's psychology, just listen to their words and observe their actions.  Are they dwelling on the past or creating opportunity for the future?  Do they express anger and frustration or gratitude and fulfillment?  Do they actively create positive experiences for others, or are they largely focused on their own needs?  Do they seek adventure or the sameness of routine? If their words and actions were foods, how nourishing would you find their diet?  Does your trading reflect awareness and acceptance, or does it come from a place of ego?  All the psychology in the world won't help a trader living the wrong values.  Our psychology reflects our values in action.

*  Seriously, if you haven't delved into Weighing the Week Ahead and all its links, you're missing some solid market prep.  Check out winners of Jeff's Silver Bullet Awards:  perhaps a gold bullet should go to winner David Bailey and colleagues for consistently provocative, thoughtful research.

*  Nice to see Merritt Black teaching new traders with a framework of auction theory and Market Profile.  Recognizing value areas in markets and how volume behaves as we move away from value is key to understanding short-term price action.  Jim Dalton's work remains a tremendous resource in making sense of seemingly random market behavior.

Further Reading:  Evaluating Yourself as a Trader

.