Postmortem 13-December-2006 : Random rant
December 14, 2006 – 9:31 amIt was a flat day to me. At least from my trend chart I couldn’t find any clear direction. That’s why I did not make any trade. There were great opportunities to be chopped around in 5-min charts. Looking at NQ, ES, YM and ER2, you know what I am saying.
Boy, I am so eager to trade. But, as major work in progress, I will stick to paper trading for this short while.
Another observation or experience of myself. I am better off not to read any blog, yup, not a single one before market open. Instead, spending the time writing for your own is a better idea. Any rubbish, random rant in your mind, write it down on a piece of paper (not blog). It will be even better if you have some time to meditate (suggested by Dave, but I have yet to have time to do so). Get your mind clear, then face the challenge.
Blogs are full of personal views and opinions. Again, don’t care what do Mike, Richard, J.C, or even Gav say before the market open. They are having different brains that work in different way than yours. Trade alone, think alone. Read their blogs (maybe my blog as well) in the evening, read their experience, but don’t let bloggers affect your trading mind in the morning. You have a great mind, don’t get ‘contaminated’ before start a trading day.
Ah..I just wrote too much. I shall stop here.
From the desk of Tradergav.com
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Tags: Trading Psychology
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