I don't have a clue which way the market is going, nor do I care. One of the best revelations a new trader can get is that you don't need to know which way the market is going to move in order to make money. When I say the market "should" continue to trend to this major support or resistance it is because I actually don't know for sure.
Trading is best done while knowing you are completely clueless. In that way, you can't be wrong, and pride and emotional attachment are not an issue. For those of you that have traded money for some time you know that false pride and emotional attachment is the killer of good trading. Can you see how admitting you don't know the future is liberating?
It's better to just let price lead and to follow it with a proven trading system.
No comments:
Post a Comment