TradersClass

Superior Trading Skills through Education

 
Trump neutralised Print
Written by Site admin   
Tuesday, 22 August 2017 12:27

Trump neutralisedtrumpautcue

No need now for the media’s Russiagate or framing Trump as a bigoted racist in the hope that that will be enough to have him impeached or declared incompetent. Trump’s Afghanistan speech (did he write those words – nah, he just had to read the autocue) was his defining capitulation. You read the full text here.

The powers behind the president’s throne have now got him where they want him - following their agenda. He just has to read the autocue. No longer will he be freewheeling, tweeting from the hip, blasting the establishment. He’s now one of them. The front man doing what good ole presidents do – what they are told to do.

The Washington machine has been following a reckless path in bringing him to heel. Had he fought to the end, it would have been not only been his demise, but also he would have taken the markets with him. An impeachment process may well have hit the stock market and dollar hard. Was that what the powers behind the throne wanted? Their own wealth at risk? This could now be business as usual with Trump rallying around his republican party to get things done that way it always used to. That ages old saying ‘If the mountain will not come to Mohammad, then Mohammed must go to the mountain’ comes to mind.

Time will tell, as they say. This simple analysis may not stop the market tanking as almost every commentator/guru/fund manager tells us it will. Markets have a habit of confounding those talking heads and they so often just do the opposite of what the majority are telling us they are going to do.

 

From the blog

KISS Trading - Keeping it Simple...and Safe....

Dear Trader and Clickevents reader

I guess we all have a natural naivety built into our DNA. We like to believe what we are told, particularly if we respect the source of the telling. It's also a herd thing. If lots of people are told the same thing, they tend to start agreeing with each other. After all, it must true if everyone believes it.

Far too frequently our beliefs turn out to be the opposite of reality. Central Bankers, politicians and economic gurus' words, statements and policies frequently prove to be the opposite of what actually happens.

As with many things, personal naivety has a spectrum. Ranging from 'I believe everything and everyone', through to the opposite, totally sceptical view, of believing nothing unless seen and experienced first hand.

Way back, in my youth, I had a spell in the car trade that taught me everything I needed to know about supply and demand, pricing and presentation. I rapidly realised I could never believe anyone's description of how wonderful was the condition of their trade in car!

I soon learned to believe 0% of what I heard and no more than 50% of what I could see. A useful policy for anyone trading the markets.

Read more...

Check these links

  • JoomlaWorks Simple Image Rotator