You Don't Need To Know What The Market is Going To Do Next
Wednesday, 07. February 2007
Many spend countless hours pouring over newsletters, charts, and media reports to determine the next move of the market. Save your energy and study what your going to do in the three possible moves the market can make. Go up, go down or stay the same. When the outcomes are reduced to 3 possiblilities, it allows simplified actions that can rely on the things in your control. Trading requires one to operate in the now with what the market is giving you. It's important to flow with the market and accept that all the analysis in the world won't tell you what any market is going to do next with any certainty. This means your method should be durable to take whatever the market should offer.
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