Day trading pre-market open June 28, page-2

Good morning
Feeling refreshed & looking forward to an awesome day ahead!
Last day of the financial year....hopefully some last few bargains are still around.

Some of the stocks on my WL for today-
SUM/SUMO
TEG/TEGO
WCN/WCNO
RR1/RR1OA
RCR
MIN
MRQ
ADG
AKM
AGC

Have a great trading day everyone & let's close off the month with a bang!

Why is a positive mindset important?
The thing about financial markets that most traders forget about is that they are void of emotions. There are no such things as inherently good or bad market conditions. How you feel about them is entirely up to you. What you consider a losing trade might be a good opportunity for someone else. So trading, at its core, is entirely subjective and depends on a trader’s emotions and actions.

How you act under stress depends on your mindset. All living beings act on instinct when in danger. Humans are no exception. An unexpected market move can also fall under the “in danger” category in our brains, so many traders fall victim to their emotions and make decisions that can cause them to lose money.

Moreover, all the chart patterns you learn about to predict future price movements are actually based on traders’ psychology. When specific market conditions come into play, some traders get overly emotional, while others use the situation to find more trading opportunities.

Essentially, all market movements depend on how other traders act. That is why it’s crucial to have a positive trading mindset and keep emotions like fear and worry out of trading. They will most certainly hinder your trading success. By keeping your emotions out of your trades, you’ll be able to see the bigger picture of the market and not become another pawn whose mistakes can be used by other traders.

Todays photos were taken in the Philippines.