Thursday, April 2, 2009

Trading - a Mind Game

Just a quick reminder of things I have been thinking many times and wanted to put them down in order to have a reference in the future.

Funny fact that every time I get a nice looking idea - the market does the opposite.

I was watching those proposed ideas I posted charts for - but the moves seems to be of a greater extent - so I don't enter the trades... many times I start with great confidence trades that work well in the beginning but then all starts to mess up and I lose my point of view...

maybe it similar with most because markets are dynamic and one has to change his view and adapt to the change as fast as it happens but at the same time -- there is the risk of overreacting and changing one's mind too much..

maybe a balance, patience and low risk is a key to solve this equation...

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