One Current Market Observation:
Amazing the difference a month in the market makes! It’s hard to believe how much markets have bounced, but it speaks to just how fast sentiment can shift to one side of the pendulum or back to the other.
One Nugget of Trading Wisdom:
If you’ve never put in the time to optimize your learning process, it is worth reflecting on whether there are faster or more effective ways to improve versus your current process.
One Reflective Question:
Let’s imagine that one year from now, you double your PNL. What is the most important task you did to achieve that and what is the first baby step you can take now to begin?
One 1%-Improvement Idea:
For one week, track what you actually accomplish during your daily review time. Assess whether your time is truly spent focused and going to where it’s most effective.
One Reading Recommendation:
Given the theme of metalearning, this book is a great overview of how to improve and learn as effectively as possible. It is no coincidence that you’ll find many of the themes that I stress in the Metalearning chapter of Magnum Opus are present in “Ultralearning” by Scott H. Young.
What would you like to see out of a monthly Magnum Opus product? Cast your vote here.
Forget outcome. Let’s get better this month.
