'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Tuesday, February 28, 2012

Be Adaptable!

The market barely moves today and not much edge to find a viable trades except to scalped it.

This is the problem while in the process of trading especially if you have no clear plans based from market conditions.

Unless you are a swinger, you don't need to panic making some gains when the market opens.

As a day trader, you need a clear cut plans what the market conditions brings.

You just don't need to trade for the sake of trading, and not confuse yourself that trading is for entertaining.

Unless you are doing it in simulation, but if for real there is a significant effect that affects your mind because of the involvement of emotions.

And learning to be adaptable based from current market environments is important.