The first question you need to answer before the market open | stockbee

4/30/2019

The first question you need to answer before the market open


What is your Situational Awareness for today.
Is it going to rain.
is it going to be scorching hot day
Is it going to be sunny day
Develop the habit of everyday thinking about SA.
It will help you in risk management and setup selection.
Some periods it makes sense to let your trades run, some periods it is best to hit singles.
Some periods are good for b/o some for pullbacks or anticipation setup.
SA will help you "proactively" handle these situations.

SA IS HIGHER ORDER SKILL YOU NEED TO DEVELOP ONCE YOU HAVE PROFITABLE SETUP

No comments: