By J. D Ramboz
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Extra resources for A Calibration Service for Wattmeters and Watthour Meters
I was not properly capitalized to trade and I did not know the first thing about trading. I knew a great deal about markets, but trading is an entirely different business than analysis. They can be complementary, but they can also be competitive and counterproductive. Were you still struggling? What did you do then? Boy, were we ever. One day in August of 1985, my wife asked how we could buy groceries. We were expecting our third child, and I had taken our last $25 to buy a roll of stamps. On credit, I rented a meeting room and printed 100 invitations to a free meeting.
I expect to see a religious upswing in this country in the next one to three decades. I also expect to see mankind's basic needs come to the forefront. We have seen that start to happen in the 1990's when lumber almost doubled in price, cotton went to a moderate all-time high while not quite eclipsing the Civil War highs. Wheat and corn also made new alltime highs. Yes, the markets have fallen back, but I think those are the initial shots in a multi-decade move toward food, fiber, and shelter. Your prediction work is valuable.
A challenge I have as a discretionary trader is to make sure that I do not see too many opportunities and overtrade. Each year, I get better at not overtrading. When did you make the transition to go out on your own? When God gave me a signal. How do you measure God's signals? I believe we are given choices along the way and that God lays out the choices for me. If I make an inappropriate choice, I will struggle. One thing that is very important to me in life is the Biblical teaching of the need to surrender.
A Calibration Service for Wattmeters and Watthour Meters by J. D Ramboz