[Soultrader]

Hi namstrader,

Always look at the market from the bigger picture. Once you grasp the bigger picture, then narrow it down to your setups. I had one trade only yesterday and caught most of the trend.

Yesterday the markets gapped out of the consolidation range and we saw price acceptance. This information alone would of told you to stay on the long side. So its always important to have a bird eyes vision or else your mind will tend to get distracted by the daily fluctuations.

As long as you learn from your mistakes namstrader and stick with it you will succeed in this business. Always have a trading plan and follow it. Perhaps this was the hardest thing for me to do in the beginning. I feel like at some point traders know what they need to do to win. But most can not seem to do just that.

Good luck namstrader.