Before we Talk about why the markets move without you, Let me tell you how I relate my army days to the trading,
Back in my army days…
One thing I hated was, waiting. The system is built in a way whereby we rush to wait and wait to rush.
This means we would rush like a mad dog trying to meet a deadline. And once it’s met, we’ll wait … and then rush again to meet the next deadline.
Sounds silly? But it’s true.
Now, I can’t help but relate this to trading, when you see markets move without you and are still waiting…
You wait for the price to come to your area of Support (sometimes it comes, sometimes it doesn’t).
If it comes, then you wait for the price to give you a specific pattern for “confirmation” (sometimes you get it, sometimes you don’t).
And the most irritating thing is…
The perfect scenario hardly plays out itself, and you’re left waiting…
While the markets move without you, even though your analysis is correct.
Hey, you’re not alone!
I was struggling with this problem for the longest time… and after much frustration… I realized what I’m doing wrong.
Here’s what I’ve learned:
Trading is about finding low-risk entries, and letting the market do its thing. It’s not waiting for the stars to align before taking a trade.
Before you talk about trading setups, you must know your trading theme. Only then, can you adopt the correct trading setups that fit your theme.
If you’re a trader who lacks trading setups, then go watch today’s video — and learn how to find practical trading setups that are in tune with the markets.
Hate watching the markets move without you? Then do this…
I hope you’ve enjoyed this week’s market analysis.
If you’ve got any questions, don’t hesitate to let me know in the comments section below. Cheers!
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In the Ultimate Guide to Trend Following, I will teach you this powerful trading strategy step by step, along with charts and examples.
You can download it here for FREE.
This video teaches me how to enter the market again. It is very important to go with the theme and sometimes I also realized that it is also a challenge to stick to a theme for trading.
Thank you and get well soon.
You’re welcome Sum mun!
Can i know what program are you using for the forex and commodities charts?
Thanks in advance.
Hey Bing Hong,
You can try mt4 or tradingview
Thank you Rayner! great insight!
glad to hear that, Shlomi!