XJO 0.67% 8,150.0 s&p/asx 200

spaintastic monday, page-122

  1. 2,776 Posts.
    KB,

    "Then the frustration sets in because your deep mind was right in the first place."

    Careful that's not hindsight bias - its a real mongrel.

    I think good traders/investors excel for a few reasons and one is they are able to see the market for what it is, identify opportunity, create a trading/investing plan and execute it within the guidelines set to achieve their objectives.

    Everything outside of that plan is noise/distraction or a possible new opportunity that will researched separately.

    They are congruent with their beliefs about the market, their trading plan and what they believe about themselves.

    They have an ability to adhere to the plan and repeat it over and over.

    Imo, only trade 'gut feel' if it corresponds with your set up criteria.

    My original point, i suppose, is the market is a very simple entity. We tend to make it way more complicated that it is. Separate what is useful to trade/invest from your other beliefs but do not neglect them or it may surface in your work.

    Best trades.

 
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