• JorDonna Cole

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Blue Skies Ahead

I seem to have taken a four month sabbatical from my blog. This certainly hasn’t been intentional. My weekly schedule has just gotten packed solid with teaching school, wrestling practices, Awanas, Cub Scouts, hosting and attending webinars each week, helping run our design firm, and trading options every day. All of this leaves me quite drained. By the time the weekend rolls around, I just want to chill out and sleep in. The hectic pace of my day to day life definitely took it’s toll on me and I ended up sleep deprived with a bad cough which kept everybody in the family awake. I finally went to the doctor and learned that I was dealing with a chronic sinus infection. It and took me another two months to finally get rid of it and get back to normal.

Well, enough of that stuff. The real reason you are reading this blog is because you want to know how my trading journey has been going and to glean some inspiration which will help you on your own trading path. I fully intend to deliver on both… Read more »

Perseverance

I have made an attempt to write this blog post a couple of times now. However, I just never made it very far until now. My days are jammed pack and it’s been hard to keep up with everything. My Forex trading has taken the biggest hit as I frequently opt to sleep instead of attending the live trading sessions at 2 am CST. The currency market, like the U.S Stock Markets, has been insane to trade these past couple of months. Read more »

Back to School

Now that summer vacations are officially coming to an end, we can expect the professional traders and fund managers to return to work. This means the volume in the market will grow and hopefully the playing field should become clearer… it should become evident whether the bears or bulls are in charge of the market.

The last few weeks have been quite successful for me as I have been paper trading new strategies in both my options and currency accounts. I officially began trading a few new options strategies in my live account last week and they have proven to be profitable. I’ve also spent the last two weeks hosting a webinar with one of my trading groups on Thursday mornings when the market opens. We have been analyzing the Read more »

Keep Your Shirt On!

It’s August. Temps are topping 100º for the second week in Oklahoma. School starts Wednesday, and I would like the bull rally to continue. If you look at the Dow, S&P, and Nasdaq you can see they were each hitting some resistance last week. This coming week they may break through the resistance, they may continue to go sideways fighting the resistance, or they may get beat by the resistance and head south. (How is that for being exact in my prediction of the direction?)

No matter which direction the markets head this week, unless we experience a significant increase in volume, there is no true conviction in the overall direction. (In other words, you can’t assume the trend is “real”.) Read more »

Summer Vacation

So far, this has proved to be quite the summer for me and my trading world. It has been full of volatility, including quick price movements that last less than a day. Last summer, traders enjoyed the strong bull market which was not a typical summer at all. Usually volume tends to decrease during these hot months as the professional traders take long vacations. Hence the saying “Sell in May and go away.” Read more »

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