Jay Norris'  Instablog

Jay Norris
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Jay Norris is a 20-year CBOT floor veteran, author of the Best Seller "The Secret to Trading Forex, Futures, and ETFs: Risk Tolerance Threshold Theory", "Mastering the Currency Market", McGraw-Hill, 2009, and "Mastering Trade Selection and Management", McGraw-Hill,... More
My company:
Trading University
My blog:
Seeking Alpha
My book:
The Secret to Trading Forex, Futures, and ETF's: Risk Tolerance Threshold
  • The Correct Premise 0 comments
    May 29, 2013 6:52 PM

    "Without the correct premise no matter how much you work or how much you analyze you're not going to be successful. Without the correct philosophy on how markets move to begin with, forget it. It's not why they move, but how they move. It really is science, motion. If you have an open mind, it's all there right in front of you. The cycles, the patterns, the repetition...markets are fractal in nature and therefore follow natural laws; physics. But do not make the mistake of thinking market movement is predetermined. Determine which way the majority of patterns are aligned now, and trade in that direction today. That is such valuable information, a secret really".

    To see Jay Norris, author of The Secret to Trading: Risk Tolerance Threshold Theory highlight trade set-ups and signals in live markets tomorrow for free go to Live Market Analysis

    Trading is a risky endeavor and not suitable for all investors

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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