“Motto” for the month: “Plan your trade, trade your plan”
Unemployment came and gone and market pretty much ignored the bearish news….
Few notes from the day-trading webinar I hold every day below.
Trading is SO MUCH MENTAL once you have a concept you believe in, have confidence in. After that there is a lot of psychological work….
Some examples:
- Ability to take losses and know not every trade will be a winner and not every day will be a winner
- Ability to stay patient and NOT feel that if you are NOT trading, you are NOT doing your job….
- The confidence to stay in winning trades and the discipline to get out of losing trades
- Allowing trades some time to work
- Not getting down on yourself for “could have should have etc”
- Being a hard worker and keeping a journal after certain trading days. Being a hard worker in putting time and effort learning new approaches, set ups before deciding if its worthy or not.
If you have not had a free two week trial to the service, feel free to sign up at:
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https://www.cannontrading.com/tools/intraday-futures-trading-signals
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Have a great weekend!! Continue reading “Futures Trading Levels and Economic Reports for December 6th 2010”