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Waiting until a set up?
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Waiting until a set up?

  #1 (permalink)
Elite Member
Pitea, BD, Sweden
 
Futures Experience: Beginner
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Posts: 26 since Nov 2011
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Waiting until a set up?

Anyone with suggestions, tips and tricks of what to do, how to think, how to focus etc. until entering a set up?

Im looking at a system, which has good performance, but, not so many trades per day, and this is CL...

thanks

L

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  #2 (permalink)
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  #3 (permalink)
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Movies or are fine occasionally however it is too easy to get distracted and miss a setup. Remember you are working. If you were an expensive & motivated store security guard, would you be watching a movie?

I find it best to just keep my eyes on the screen(s) and listen to an online audiobook or debate/lecture with no slides.

Develop the patience to simply observe the ebb and flow of price, a little more every day. Neuroplasticity will equip you with unconscious competence in price-action sooner than otherwise.


"Get your stinking fins off me you damn, dirty fish!"

Rory


Last edited by Rory; December 2nd, 2015 at 01:01 AM. Reason: typo
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  #4 (permalink)
Live Your Bliss
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Leo123 View Post
Anyone with suggestions, tips and tricks of what to do, how to think, how to focus etc. until entering a set up?

Im looking at a system, which has good performance, but, not so many trades per day, and this is CL...

thanks

L

You have several options, depending on your intention.

A. PA watching
B. porn surfing
C. movies
D. meditation
E. market research
F. webinars at futures.io
G. arcade at futures.io
H. music
...and many other choices.

Whatever you do, having at least two screens is an imperative for trading, with min one screen devoted to PA at all times.

"...the degree to which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader." - Mark Douglas
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