| Trader Mantra
"Anything can happen
Every moment is unique
There is a random distribution between wins and losses on any given set of variables that define an edge
An edge is NOTHING MORE than a higher probability of one thing happening over another
You don’t need to know what’s going to happen next to create consistent results"
— Mark Douglas (RIP)
"Emotional Capital is the single most important trading asset in your arsenal."
-- The Trader
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| | | Greetings Trader:
Below you'll find the most recent complimentary trading idea for this week. Depending on when you look, the trade may have already triggered... but don't worry, there will be another coming in a week or so.
Feel free to use this idea to supplement your other trading, but always be sure to mind the most important component of trading... your risk.
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| | TELUS Corporation [TU], together with its subsidiaries, provides a range of telecommunications products and services in Canada. It operates through Wireless and Wireline segments. The company's telecommunications products and services comprise wireless and wireline voice and data services; data services, including Internet protocol; television services; hosting, managed information technology, and cloud-based services; healthcare solutions; customer care and business services; and home and business security solutions. It has 13.4 million subscriber connections, including 9.2 million wireless subscribers, 1.9 million high-speed Internet subscribers, 1.2 million wireline residential network access lines, and 1.1 million TELUS TV subscribers. The company was formerly known as TELUS Communications Inc. and changed its name to TELUS Corporation in February 2005. TELUS Corporation was founded in 1993 and is based in Vancouver, Canada.
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| | | | | | The pattern on the weekly chart remains one of my favorites. |
| | | | 1 and 2 show great places for stop loss placement. |
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