Relax and Grow Rich

Hey Trader, Anxiety and stress drain billions of dollars from the global economy every year. When people neglect to maintain their mental health they become less efficient and more unproductive. And unproductivity cripples economies. Not every day will be a good day. Sometimes you need time to yourself, but make sure you use that time wisely so that you can restore your clarity and focus In today's Big Energy Profits, we have a short article that will dive into our mental health checklist so you can relax effectively and grow rich. This article is part of a series I'm calling The Ten Commandments of Successful Trading. The goal of this series is to give Big Energy Profit readers all the mental tools they need to make profitable trading decisions. So give yourself the edge you need to make profitable trades and read this article. And if you think this message would help out a trader you know, feel free to forward them this email. To Big Profits and Beyond, Anthony Speciale Jr Editor, Big Energy Profits

Hawkeye Traders team1@hawkeyetraders.com hawkeyetraders.com

Crude News

Lackluster short-term oil demand is still holding oil benchmarks back and creating a mountain of headaches for oil companies that require higher prices to break even. Despite cheap crude that would otherwise be attractive to major importers, major flooding in China this week is threatening to sap demand from the world's largest oil importer. The world's third-largest oil importer, India, is also scaling back purchases of cheap crude, sinking to 10-year lows in June as its refineries shut down for maintenance and July wasn't much better. The recent upward curve in air passenger traffic is now flattening, and some major companies, including Google, have extended work-at-home offerings until at least July of 2021 further hitting demand. On top of that, China and United States tensions continue to unsettle an already jittery oil market. While United States crude inventories experienced a drawdown this week, shortly after prices rallied on the new they again pulled back. There are conflicting views on what oil prices might do next. On the one hand, traffic remains a fraction of its former self, hovering at between 30 and 60 percent of year-ago levels in major United States cities. Gasoline demand posted surprisingly strong weekly data. Demand rose to the highest weekly total since March.

The Ten Commandments of Successful Trading

Commandment #8:Take a Day Off When You Need It According to The World Health Organization, just over $1 trillion is lost in productivity from anxiety and stress. So make sure you're not flushing money down the drain by trading when you're not in the right state of mind. Take a day off. There's no harm or shame in taking a mental health day from the market… Just make sure that you come back even sharper the next day. Here is a short checklist you can use to make sure your mental health days are restorative: Decide what you're missing and need most Plan for how to achieve it Reset and come back sharper Decide What You're Missing and Need Most Before you make any trade, you have to ask yourself… "Am I in a healthy state of mind? Do I feel good about what I'm doing?" If the answer to that is no, then you have to decide what you're missing and need the most. If you are tired, get some rest. If you spent hours taking that online trade course, get up and take a walk. Maybe you're feeling angry and can't think clearly because of something going on in your life. Just take a second and reflect on what you need. Practicing that level of self-awareness can take time. But remember to refer to that note in your wallet or on your desk as a constant reminder that you need to be kind to yourself and take a break. Plan for Your Mental Health Day After you've figured out what you need, it's time to plan your mental health day. You'll decide when you're taking that day, what you're going to do, and what you are NOT going to do. What you're going to do is something that brings you back to a clear state of mind so you can reset and come back sharper. Don't do anything on your mental health day that puts you deeper in the rabbit hole of your bad habits. On your mental health day you can: Go for a nice walk or jog on a warm sunny day Treat yourself to a fancy and delicious meal Talk to your family and friends Get a soothing full-body massage Relax with your favorite shows Your mental health day is NOT an excuse to: Forget about or procrastinate on your goals Indulge in your bad vices (overeating, overdrinking, smoking all day, etc) Keep to yourself Get stuck on negative emotions or memories You don't want to do anything that triggers any negative state you were feeling in the first place. You still have to take accountability for your behavior even on your day off. Reset and Come Back Sharper After taking your mental health day, it's time to assess whether taking that day off helped or not. The point of your day off is for you to reset and come back sharper in your state of mind and performance as a trader. And the only way to know that is if you got closer to your trading goals after your mental health day. This is another self-awareness test. You should ask yourself questions and note how you're feeling. Do I feel better? Am I ready to come back to trading? Can I focus more clearly? Was there something I didn't notice before or after my mental health day? Was I able to finish whatever I was working after my day off? Hopefully, the answer should be yes to all of these questions. And once you notice any improvements in your mental and physical performance. Take note of what you did on your day off. And make that a routine response to when you experience stress and burnout. Don't Overwater Your Seeds There's no harm in taking a day off. In fact, it's a requirement. You may want to grow your trading skills and bear fruit for all of your hard work… but overwatering your seeds can also kill your growth. Relax. And get some rest.

This Man Is Exposing the Grand Larceny on Wall Street

It's almost downright robbery. In fact, New York Times Bestselling Author and master investor Richard Ney said, "Hidden behind the façade of pompous jargon and noble affections, there is more sheer larceny per square foot on the floor of the New York Stock Exchange than any place else in the world." It's a tough market to navigate, and the odds are stacked against you… But there is hope. You can succeed in trading by leveraging the same systems that investment bankers, institutions, and algorithms on Wall Street use to steal from individual traders. Click Here To Discover How You Can Beat Wall Street At Their Own Game

Macro Market Analysis

Upside, continued daily settlement above 41.00 price area indicates another several week bullish continuation to the longer-term resistance in the 49.00 - 51.00 price area region, where the broader market is likely to top out through the balance of the year. Downside, the 38.00 price area can contain weekly selling pressures, while a daily settlement below the 38.00 price area indicates a good summer high has already been placed. The 25.00 - 30.00 price area then considered a several week target where the broader market is likely to bottom out through the balance of the year..

Yearly Cycle Analysis

The 10 year cycle makes a major high on August 3rd and then sells off into August 24th before it begins a major move upward. The 20 year cycle makes a major pivot on August 1st, followed by a major rally. The 30 year cycle rallies sharply into August 23rd then pulls back into August 29th before continuing an upward movement. NOTE: The 10 and 30 year cycles both see turns on August 23rd & 24th. Key turning point dates: - August 4th - August 17th thru 18th - August 27th

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