TJ Klopp

Here’s what I’ve learned thru the years. It pays as a hedger who produces a crop just to be bearish 70% of the time, sell every 40c rally you get in corn, 70c rally in beans, 55c rally in wheat. Why? Statistics. The USDA is your friend when the report goes your way, your enemy when it doesn’t. The loudest people screaming bullish or bearish should been muted and ignored at all cost. Elliott Wave theory is the least reliable analysis in the world. Your backyard is not the market even if you live in Iowa or Illinois. Understanding money flow, bearish crosses, and keeping to a disciplined strategy will make you more money over the longer term than anything else in the markets (this is hard, especially the last part than many realize). Perhaps one of the most important aspects is you don’t have to trade every trade you see. It’s ok not to trade. A bad trade is just a learning lesson (bad decision in life = learning lesson). Understanding you are not in control, your creator is. He will provide. Forced outcomes = most of the time will not work. Always be kind, hard at times. Humble yourself, you are not better than anyone else. It’s ok be the wrong, just learn from it and move on quickly. Anyway, just some thoughts for this morning… ☕️