Editors note: Ice Man continues to dominate even with his professional hockey season. Look forward to sharing his thoughts on trading when we got together in Puerto Rico earlier this year. Also, join us next week as we are going to host some live trading here in our temporary control center in Colombia. We are still getting our penthouse renovated to house the very first day trading center here in Colombia. We also have our master trader Nikolai, aka the Hit Man, present and also one of our up and coming traders from Brazil to help us open our day trading center there. Here is Ice Man in his own words:
Hey everyone, just thought I would check in and make sure I let everyone know I’m alive and well in Norway! I am planning on doing more recaps and may even include some videos to better illustrate my points. I feel I owe this to my fellow traders, as I will not be able to attend the master trader seminar in February. To make a long story short, Olympic years are extremely busy because the schedule is crammed into a shorter period of time 🙁
I vividly remember something Marcello said to me the first time I met him when we met in Puerto Rico this past summer. “Aggressive if you are trading with the overall momentum, and conservative if you are trading against it.” If I remember correctly, it was fellow master trader Manny who coined the phrase. Marcello was excited because it was so simple, but brilliant at the same time.
I think about the phrase all the time as you can see from today’s chart.