Find The Perfect Trend [May Newsletter]

There is a raw, sizzling beauty of the perfect trend.

It’s stunning when you come across it. Like finding a leprechaun in the vegetable patch. Something to marvel at.

And… when you find one (a perfect trend, not the leprechaun), what should you do with it? Just move on to the next chart, and forget about it?

Hell no!?Print out that baby. Pin it up near your trading desk. Look to duplicate it’s simple glory in future trades.

Treat it like a trading vision board, and allow its inherent wisdom to encourage you to find others just like it. When you see it, feel your heart beat a little faster.

Realise that if there’s one like that, there will be others. And all you have to do is hunt them down and jump in.

Let that trend wave take you up, up and away. Aim to define what it looked like just before it broke out and headed skywards. Write down what you see (and down the track, use that description in your scan, so you can get your computer to do the work and find similar types of charts in their early stages).

You have a precious moment. Don’t blow it by just clicking the Page Down button on your computer to go onto the next chart.

Honour that perfectly trending share when you find it, and think about what makes it so gorgeous. If you just move on without paying attention, this is a blunder that could mean you're leaving tens of thousands of dollars… perhaps millions... on the table.

It's the ideal time to have a look for those perfect 'archetypal' trades.

For the majority of traders, our 'macro' is on currenly - which means we can actively look for new trades in the Aussie market.

Plus, for the majority, the US macro is on as well. So, you can hunt and play in the US market as well.

This is the time to hone your chart recognition skills, and surround your trading desk with printouts of archetypal charts, so you can recognise them in the future.

If you want to see more about how I analyse the markets, get your complimentary?Hot or Not Special Report?and tune into my market commentary on Ausbiz every Monday at 2.30pm AEST.

(A quick favour: Please share this newsletter with anyone you think would find it valuable. Word of mouth is the best.)

"I suppose the more you have to do, the more you learn to organise and concentrate - or else get fragmented into bits."?- Rumer Godden

"One does not 'find oneself' by pursuing one's self, but on the contrary by pursuing something else and learning through some discipline or routine (even the routine of making beds) who one is and wants to be."?- May Sarton

"To change fate, you do not choose small steps."?- Amy Tan

"I read once that the true mark of a pro - at anything - is that he understands, loves, and is good at even the drudgery of his profession."?- Mathematician Paul Halmos

I've set up?a treasure-trove of Freesources?to help you trade with precision.

You'll love what's available with just the gentle touch of a mouse... and kapowee... the freesources will appear like a genie coming out of a bottle.

They were such?cute, woolly white lambs?- so we called them?Lamington and Lamb Chop.

New-born lambs that needed to be bottle-fed every 4 hours. Around the clock.

So, my sister and I became their mums.

We lived on a suburban block. The lambs learned from my dog how to knock on the back door so we'd give them a bottle. And, every night, our dog and the lambs all slept together in the laundry.

It was an exhausting time, but so rewarding. The clip clop of their hooves. The warmth of an endearing lamb cuddle. Their eagerness and bleating when we brought them a bottle.

But then… one of the neighbours complained to the Council - and the lambs had to be whisked back to my brother-in-law’s farm.?My trust in humanity was dislocated. Why would a neighbour be so cruel as to deprive my sister and me of our beautiful lamb-children?

I'll bet you you've got your own example of childhood pain.

Fast forward a few decades, and add in some ill-health, a retrenchment or two, a failed marriage (or take your pick of the adult-grab-bag of blah) and?we wonder why it’s so hard to trust.

We have the Sara Lee of trust-breaking examples as we grow up, and as we get older, the insults to our psyche get bigger. Multiple layers of threats. Some are minor… but some are cataclysmically major.

As a direct result we have trouble believing our mentors, and even ourselves, as we plan to become traders.

It’s the trail of fractures of trust that stops us in our tracks. We need the skills to process trauma, realise it impacts on our current lives, and make it explicit. It’s all in the feeling.

When we change the way we’re feeling, we change everything. You just can’t underestimate the impact of trading psychology on your own behaviour.

If you can continue to grow and confront, you’ll keep growing as a person, and as a trader.

Make this year your year of growth. We're almost half way through.?This is the year you could alter your trajectory as you confront the major and minor assaults from your past.

So… what happened to my beautiful two lambs? Lamington grew into a mighty fine-looking ram with curly horns and an attitude of superiority.

Lamb Chop went the way of her name.

Happy trading!

Louise

PS:?Did you know that your brain can sabotage your trading results? Don't let it happen to you. Learn how to overcome your mental biases and become a disciplined trader. Listen to this Talking Trading about how you can?put your trading habits on auto-pilot.