Focus your mind, manage emotions, go with the flow.
Monday, July 13, 2009
And every single one of those high probability setups can fail just like that. Market fizzled with the shizzle. They all look to go the reverse direction now.
- Don’t be under any illusions that this is a fast way to make easy money. - It will take years of practice and 1000s of hours of screen time. - Learn about candlestick chart patterns. Check out the Steve Nilson site - Get a copy of the Mark Douglas book, Trading in the Zone - Know yourself and develop a trading plan you can live with. - It will take years of practice and 1000s of hours of screen time. - Read every article I have posted and see what can be applied to suit you
Study, practice, live it, breathe it and survive in the mean time. See you in a few years….
I stumbled onto your blog. Seems we are kindred spirits. I have only been trading 1 month (July).
ReplyDeleteHave come to the comclusion that I want to become a momentum specialist. It just is who I am.
Anyway to talk personally? IM, email?
Stephen
Better to just post questions or whatever in the comment sections. I'll usually answer them.
ReplyDeleteWhat is step 1 to becoming a momentum trader? (the way you do it)
ReplyDeleteStephen,
ReplyDelete- Don’t be under any illusions that this is a fast way to make easy money.
- It will take years of practice and 1000s of hours of screen time.
- Learn about candlestick chart patterns. Check out the Steve Nilson site
- Get a copy of the Mark Douglas book, Trading in the Zone
- Know yourself and develop a trading plan you can live with.
- It will take years of practice and 1000s of hours of screen time.
- Read every article I have posted and see what can be applied to suit you
Study, practice, live it, breathe it and survive in the mean time.
See you in a few years….