Some Random Thoughts:
Whenever you’re being super patient, and a decent setup finally comes along, there’s always the added stress of what if it doesn’t work? Did you give in to the pressure of doing nothing, or was it really a worthwhile “#11” trade? (keep reading) It’s a double whammy for me because it’s not only my money on the line, but there’s the added scrutiny from clients. Expectations are high. “We waited and waited, and this turd is what you gave us?” GLUE, which scared us by nearly stopping out, rallied 45% overnight to exceed the initial profit target. Whew! It’s a testament to following the plan and letting the chips fall where they may. Of course, they don’t always work out. However, if you exit at signs of adversity, you’re virtually guaranteed to never catch a homerun. And, with my methodology (or any trend following methodology!), the occasional outlier is key.
As I preach, I often get complaints during good times about my Trading Service. The emails are always the same: “I can’t make any money.” I then ask about open and recent winners. “Oh, I didn’t take those!” Well, like the cat found inside the personal computer meme, “there’s your problem!” Knowing a methodology’s nuances and living with them is the secret to trading.
Trading is unnatural on both a psychological and neurological basis. We are not made to trade. Now, since everyone has those SAME obstacles, you must take steps to overcome them. You have to trick and train your brain. It’s not hard, but it’s far from easy. Small, measurable steps are key; otherwise, you’re fighting psychology and neurology.
Considering the above, my focus for this week’s (and upcoming) Week In Charts was (will be) trading resolutions for 2026.
I can’t guarantee that you’ll be successful if you follow my resolutions. However, I’d be willing to bet that you won’t if you don’t. Let’s work together in 2026 to follow the trends and to be patient when there are none.
May the trend be with you!
Dave Landry
