NAS100...Process Your Entries Correctly
Updated
NAS100USD Over the past few years, I have analyzed my methods for entering trades and as I have developed, I have discovered a few key mistakes that most traders make.
1. Do no chase the price : Analyze properly and wait for your entry...most traders react negatively when price does not arrive at their target and panic and jump in because of fear of missing out (FOMO).
2. Patience always wins: An alligator/crocodile never chases its prey, it simply waits for it to come to the nile to drink and then it pounces for the kill...Wait wait wait...
3. You cannot enter a buy if the price is already at a high and likewise you cannot enter a sell if the price is already at a low...you must wait for the retracement.
3. Stop thinking that you need a lot of money to be successful at trading...you can start with as little as $50 and grow it to over $4,000 in a month using a fully developed strategy.
4. In order to become the 5% of successful traders, you must be willing to do what 95% of traders will not do and that is have tremendous patience.
#aubersystem
#auberstrategy
#whywewait
#patience
#finishthemove
#nosetupnotrade
no setup = no trade
Note
Remember the bigger the timeframe, the more accurate the signal...Stop trying to rush the markets by looking for clues on the lower timeframes...You only use the lower timeframes to enter after you have gotten your confirmations from your bigger timeframes.
Exercise patience.
#aubersystem
#auberstrategy
#whywewait
#patience
Note
As I mentioned at the start of the trading week approximately 2 hours ago.There is no need to feel compelled to take any trades right now...
I will continue to exercise patience and allow the market to establish it's zones before taking my first trade.
The market is still trapped in Friday's zone and until you get that break towards the upside or downside will you have a clearer indication of the market's intent.
Stop trying to predict what the market will do and wait for it to tell you what it will do with it's signals.
#patiencealwayswins
Be the exception...not the rule.
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