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Dev Advisory
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Federal Reserve Chairman Jerome Powell on Tuesday cautioned that interest rates are likely to head higher than central bank policymakers had expected.
If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes,” the central bank leader said in prepared remarks for appearances this week on Capitol Hill.
Powell said the current trend shows that the Fed’s inflation-fighting job is not over.
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Sometimes your system or method makes money, but there’ll be times where they lose money or go nowhere.
Successful traders allow these periods to play out in order to have the outperforming periods.
Managing your mindset through these periods is vital.
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A trading strategy alone can’t be considered as an edge, as it highly unlikely to be unique or special. Their edge is their ability to apply their strategy effectively. Since very few can do this, that’s what truly makes a trader unique and successful. This is their true edge.
