“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.” - Thomas Edison   Some trading coaches say that we need to eradicate our weaknesses to reach our potential, others inspire us to play to our strengths. So which is it? There are a number for advantages to each approach. Focusing on Strengths Maximizes Potential : By focusing on strengths, individuals can leverage their natural talents and excel in areas where they already have an advantage. Boosts Confidence : Success in areas of strength can build confidence and motivation, leading to further achievements. Efficiency : Time and effort spent on developing strengths often yield better and faster results compared to improving weaknesses. Specialization : In many fields, being exceptionally good in a particular area can be more beneficial than being average across several areas. Overcoming Weaknesses Balanced Skill Set : Addressing weaknesses can lead to a more w...

  A number of years ago I read a short trading book. Its a very basic book, covering a rather basic stock trading system. It was developed by a guy who was not a hedge fund manager, broker or Wall Street insider, yet it had a profound impact on my trading and beliefs about markets. You can purchase the book here for only a dollar or two: How I Made $2,000,000 in the Stock Market The basic premise is that stocks trade in a range and should only be bought when they break the range or what has become know from the book- a Darvas box. Read more about trading the Darvas box here:  Darvas Box theory NVIDIA soared to another new high yesterday and has been exceeding analyst expectations all year. For more context, read this article: NVDA news article 05/06/2024 Looking at the historical daily chart of NVDA, it may have been a classic Darvas box/ break-out trade. This is text book example of a long term upside break out.   As can be seen from this c...