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As happens every year at this time, my ANTICIPATION is High—Hunting Season is Approaching and Very Near ! This year, as planned every 2 years, I will be going on an extended Elk-Hunting trip to Colorado on Monday October 8. I will accompany my 2 sons and 4 friends from Louisiana, drive 22 straight hours, and meet up with about 20 other guys to camp out and hunt (and LIE). This week I am making my final preparations and packing.                                            

My destination lies in the Gunnison Mountain National Forest (elevation 10-12,000 feet) in the beautiful Rocky Mountains. For almost 2 weeks, I will TAX my 66 year old body with brutal rocky terrain, bitter temperatures, severe and exhausting lack of oxygen, interrupted sleep from snoring like you have never heard, and the ever present prospect of a bear encounter.

HOWEVER, I will get to renew aquaintances, bond with my sons, eat delicious outdoor cooking, perhaps harvest an elk, and get to view some of the Most Spectacular Scenery that GOD has made ! I CAN’T HARDLY WAIT!!                            


I Know---you are asking “What does this have to do with Trading?” Well, since you asked, I will give 2 comments:

(1) When you have ANTICIPATION, good or bad, about an event, family conflicts, health concerns, emergencies of most kinds, etc---Anything that causes your mind to Lose Focus of your Trading Plan, it will BENEFIT  you to Stop Trading and “go take care of Business” rather than making mistakes and incurring losses. Then go back to Trading after dealing with Anticipation.

(2) Regardless of your dedication to Trading, your enthusiasm with watching the Markets, and your pure fortitude to stick to the same Plan day after day, AT SOME POINT, your Inner Soul will say “GIMMEE A BREAK” !!!                      

Ssoooo,taking my own advice, this week I am only taking a Casual Interest in the Markets and preparing for my trip---next week I will park my butt on a rock overlooking a Beautiful Vista in Colorado and quietly take Assessment of My Soul and exhale a deeply-felt Aaahhh !!                                                                                                      



Good Trading and Regards,                                                                              

Powder Horn

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