"It's a dud, I guess..."

Wednesday, March 17, 2010

Happy St. Patrick's Day, everybody!

In the animated movie Charlotte's Web (which I watched WAY too many times as a child for reasons I won't try to describe here) - (well, maybe I will)...

My oldest sister and I are great friends.  She is nine years older than I am - to the day.  Yep.  We both had a birthday last Sunday.  Anyway, she has Down's Syndrome.  She lives with my parents (always has) and is now 46 years old.

She used to LOVE watching movies.  She would pick a movie and watch it over and over and over and over and over again - often several times in one day.  Her favorites included The Sound of Music, Man From Snowy River, and Charlotte's Web - among others.

Anyway, in the movie, the Goose lays eight eggs.  When the eggs all hatch one of them does not hatch.  When asked why the eighth egg didn't hatch, the gooose replied, "It's a dud, I guess."  The rat then asks, "Whattre ya gunna do with it?", implying that he (the rat) would really like it.  The goose replies, "Roll it away and add it to that nasty collection of yours.  But be careful!  A rotten egg can be a regular stinkbomb."

So with that, today's trade turned out to be a dud.  There was so little movement that I couldn't have gotten in to the trade if I wanted to. 

This targeted form of trading allows us to arrive at our computers at a specific time, make a trade (or not - based on the perimeters) and then walk away for the day - DONE!  No hours and hours of long study, trend/forecast watching.  No waiting for opportunities.  We get in and take profits and get out.

I had a group of four guys at my home last night who all recently signed up for MMT and we had a great time discussing what to look for when you are preparing for a trade.  It was a lot of fun and these guys are all progressing quite nicely, if I do say so myself.  So congrats, Andreas, Kevin, Nate and Clark!  You're on your way for sure!

No go have a great GREEN day!