It may seem like every new position is followed by a earnings disappointment or news events that immediately makes your well planned trade look like a dog. This is not unusual although your stop shouldn't get taken out; if it does, it probably is a dog.
The probability of hitting it just right is few and far between. The trade that you enter and immediatley shows profit and just keeps going without every making you sweat is only a thing of dreams. The trading business is the "sweat business", but you must learn to turn the sweat into productive analysis and actions. You must learn to appreciate the dynamics of the market and personalize your method to sieze on the opportunity of others perspiration.
How To Trade Through Economic Noise
Thursday, 02. November 2006
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