Photos from Arizona Seminar
I just uploaded a zillion photos from the recent Arizona Seminar.
To see all the photos, cilck here.
Boris on CNBC.com
Boris Schlossberg appeared on CNBC.com yesterday and had some interesting things to say. He always does. One smart dude, I tell you!
Here's the video:
http://www.cnbc.com/id/15840232?video=152590907
If you are not able to see the video, here is what you should do:
1. Take a deep breath, assume the lotus position, and think about your spleen. 2. Visit CNBC.com and type "FOMC Boris Schlossberg" into a search box.
The Case of the Honest Traders
I spoke at the FXCM expo yesterday. There were approximately 600, maybe even 700, traders in the room, and we brought free stuff -- but not enough of it. I expected 100-200 people and we brought way too few CDs and t-shirts and smoking monkey figurines (more about that later).
Before I started my presentation, I took $700 in cash out of my pocket and set it on the table in front of me, next to all the free stuff. At the end of the presentation, a mob of people descended on the table and grabbed all the free stuff they could. And you know what? Even with 50 traders all standing around the table, not one person touched the money. Not one. It would have been easy to do, but no one took it.
I think that it says a lot about people like you, who are trying to make a living from trading. As much as any of those traders wanted to make money, not one of them would have considered for a second that stealing was the answer. A lesson to me, and hopefully to all, that the great majority of forex traders are good, honest people.
Hooray for Not Trading!
This last week Dave and I did a seminar in Scottsdale, Arizona. Beautiful weather, some of the best traders we've ever met, and NO TRADING! The market was in a corrective phase after a big USD selloff. During this time, our systems show some trades but they're mostly low probability opportunities and we just passed on all of them.
So why am I jumping up and down on the couch at the Kierland Resort after a week of NOT TRADING? Because it felt good to let all the low probability trades pass by, and just wait for next week when some great trades will start to set up.
Sometimes it feels better to avoid trading.
Two eBooks in Persian
Two of my eBooks, "10 Rules" and "Oh, Crap!" have been translated into Persian.
To get 10 Rules in Persian, click here.
To get Oh, Crap! in Persian, click here.
Happy reading!
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