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Monday, 22 August 2011

Trading is truly is a mind game

I determined that there are at least 4 phases of CL, not as simple as 2 as I previously thought.

1) Straight trend - Breakout style
2) Waving trend - EMA style
3) Pulsing Trend - Price/Candle Pattern style
4) Ranging - Indicator style

The problem with my mind is that I need to clear my mind before I could see the phases. My mind want confirmation but the market is full of Uncertainty. Trading is truly is a mind game. To beat the market, I need to adapt to the market uncertainties, I need to be like Water

http://youtu.be/-DDGMSDfh_w