Parisian Family Office CEO. Founder of CHIPPEWA PARTNERS, Native American Advisors, Inc., Registered Investment Advisor. White Earth Chippewa, educated conservative, raised on Indian reservations across Great Plains. Began Wall Street career in 1982. Always been, will always be, an optimist. Pureblood, clot-shot free. In a world on a dopamine binge, this is his take on life. Written at the Ghost Ranch in MT, Pamelot, their TN farm or winter home in San Jose del Cabo, Mexico.

Friday, June 23, 2017

Listen up.........

Don't listen to other traders and stay off of ideas on TWITTER.  Fast way to the poor house.
Think risk control 100% of the time.  You are doomed if you don't.  The market mistress has a million ways to feed off of you.  She will get you in every way possible and those you hadn't thought of.
Start with an open mind, think critically.  Who is on the other side of the trade?  What do they know and why?  Follow a process,  play for the big move.  Every one wants to make the money, few want to do the work.  Patience is key.  Insanity, well, irrationality is rampant.  Sit tight, better entry points are ahead.

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