“Learn from the mistakes of others; you can’t live long enough to make all of them yourself.”
A few years ago I was heading out to a weekend conference.
Something came up and I had to make a last-minute call to the conference leader. He said something that I haven’t forgotten.
I was about to give him some details and he said, “hang on, let me get my flat brain.”
He was talking about grabbing a piece of paper and taking some notes.
But I thought that was a brilliant way of describing note-taking: flat brain.
In the years since, I’ve used my flat brain a lot. In fact, I’m now at the point where I don’t so much know details on things like my schedule or projects I’m doing. Nope. What I do know is where to find all those details because they’re saved somewhere on a flat brain.
I’ve also found that it clears my brain-brain.
I’m less stressed because I don’t try and carry around all the details inside my mind. I’m no longer worried about missing an appointment or the details on a project.
Instead, I just set alerts & alarms. Or I take notes and pull them up whenever I’m ready to jump back into a project.
It’s also the reason I journal my trades.
If I don’t journal, I have to keep reminding myself what I’m hoping to get out of a trade and why I’m in it. But if it’s all written down, then I just have to read the notes and then execute.
Yes, my flat brain is often digital.
It doesn’t much matter what the method is, the principle is sound. That’s what matters.
Today’s Macro Headlines (Source: Yahoo Finance)
Yahoo Finance
Why it matters …
From the article …
“US stock futures perked up on Tuesday, eyeing fresh record highs as investors fielded the latest rush of earnings and looked to the Federal Reserve meeting to confirm interest-rate cuts are on the way.”
There is a lot of momentum in the market right now. We are hitting new highs, earnings are amazing, the President is making trade deal after trade deal and the FOMC should lower interest rates tomorrow. It’s a great time to sell Puts!
Index Snapshot
See the Legend in the footer below
Comments: We are opening mixed this morning as we do about every Tuesday before a FOMC meeting. Look for a sideways day today and tomorrow morning. The FED announces their interest rate decision mid-day tomorrow. Sip a Mocha and listen to the premium decay …
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My Bravo scan picked up a trade idea with a 1.90% return on risk into this Friday’s expiration…
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