Saturday , June 29 2024
Home / Video / Be like the crouching tiger in the jungle.

Be like the crouching tiger in the jungle.

Summary:
Wait patiently for your opportunities. They will come to you. 

Topics:
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Wait patiently for your opportunities. They will come to you. 
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

21 comments

  1. @davetesorero4817

    Awesome as always Mike!

  2. @tradewithsonic

    Whenever Big Mike says, trading behavior , I press LIKE.

  3. @jeffsweaney8329

    Mike I was recently in Peru great country low income! I checked out their debt to gdp and it’s only 33%! Was wondering if doubling their debt would make their economy boom?

  4. on headphones the crickets and construction zone sounds are like some kinda avant garde extreme jazz improv❤😂

  5. @andyfarida8069

    Amazing wisdom Mike
    Keep it coming

  6. Mike you traded the helicopters and dogs for crickets and home builders 😂. I bet the fruit is good down there.

  7. @financeeconomics1057

    Rural area is better than a heavily populated area. You made a good selection.

  8. @financeeconomics1057

    It is a funny market. 🤡

    I've heard it explained this way, that you can't attribute daily market gyrations to a singular cause, but the media/market observers will always attempt to frame it that way.

  9. @user-it1mc3nq7h

    ❤👁

  10. What happened with Los Angeles u don't like it?

    • No. I like LA a lot. It's just that I saw a house in Florida that I liked and could renovate, so I bought it. It's in an area with lots of nature and things that I like. California is a great state, but I chose to make this move for now.

  11. You rock Mike!

  12. Impressed with Spatial Audio again🎧

  13. @Hustle-Man-ForLife

    As long as demand for spending and earning the dollar is high we will be fine, but I am not sure anymore, yes people need money but the need for storing dollars has decreased drastically, due to less countries not trusting our dollars, new forms of storage like crypto…etc. the only thing that is propping up this market is the strong labor force, if that ever slows we will be in trouble.

  14. @merchantsailor

    watch out for the gators and big snakes

  15. @merchantsailor

    crocodile dundee wheres your big knife?

  16. @merchantsailor

    The Merchant Marine big big shortage of skilled workers, everybody want to be a video game hero.

  17. @merchantsailor

    just when you think you made it idiot proof someone invents a better idiot.

  18. @merchantsailor

    I share your videos with 12 family members

  19. Hi Mike,
    I appreciate your insight and daily comments. And more importantly your focus on "the person" as a huge part of the equation. So here's my thoughts leading into a question:
    I can accept everything you advise in regard to market movements up/down, and the importance of remaining patient and educated on what is truly happening (and what's not happening) to make the best decisions. Regardless of the actual facts on the economy, can a very large group of uneducated (stupid?) investors truly tank a market? In other words, if millions of emotionally ill-advised investors decided to once day sell all their positions and invest in CD's, wouldn't that have a very negative material impact on the markets regardless of how well the economy is doing? Thanks again.

  20. @douglindberg1547

    I've been trying to explain this to a hundred people, very hard to get through. Almost impossible for people to understand what a currency issuer is, always being a currency user.

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