11/16/2009

Getting your mind ready to trade well

Trading is a mind game in the short run. Getting your mind aligned to the market opportunity is the key. So questions to think of before market open.

What is your trading plan today morning
What method is your primary focus for next 2 hours after open
What kind of mind frame is required to execute that plan
What is the likely outcome if the plan and market align
What is the likely outcome if the plan and market do not align
What should I observe about myself and the market to be aligned with market and not miss a opportunity
What should I observe about myself and market to warn me about my alignment with market

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