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Predictor

Trading with Resolution

By Predictor, in Trading Psychology

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Predictor    11

Predictor
Posted

I'm sharing an excerpt below from one my recent "Sequences and Breakdowns" newsletters about having the right mentality to succeed at trading....

 

Speaking of the basics, let's setup how I might frame the day. Remember, you don't need charts or fancy indicators to be successful at trading. You do need a degree of resolution to see your trades through and you do need a solid framework that allows you to understand the market. Yesterday, I had pegged the day as a range day and knew where the highs and lows were. I hit my target early but kept trading but I wasn't trading with resolution. I wasn't trading with the focus required to win. I ended up giving back my profits, getting serious, and finally making them back. Listen, nothing will help unless you train to execute. This is why I just use basic charts. I can see if the trend is up or down in 2 seconds and anyone else can either. It is not just about knowing what to do but being able to do it.

 

-

Curtis

http://themarketpredictor.com

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