Hi everybody,
The 3min ES was quiet yesterday with no valid automatic setups, but that was OK. This is all just part of the natural way markets unfold, in that we have quiet times, and then times when small losses unfold, along within times when the good profits come through. I call this the Cyclical Nature of Trading....
As we have had a hard time over the last few days, it will not be long before we get some brilliant good profits come though. Sometimes this is one of the hardest thing new amateur traders have to learn, in that we don’t get big profits each and every day. That is not how the markets work. In fact most of our time as a professional trading is risk control, keeping our trading capital in tact ready for the big trades. Professional know and understand this, but how the market really unfold in the real world is a lesion that most amateurs find hard to learn.
Thanks, Steve
PS, take a look at the Advanced Blog, to see how learning to become an Advanced Trader will help when the standard setups are quiet. Here you will see how MTPredictor has nailed the high or low of the day for the last few days running, which is pretty amazing !
The 3min ES was quiet yesterday with no valid automatic setups, but that was OK. This is all just part of the natural way markets unfold, in that we have quiet times, and then times when small losses unfold, along within times when the good profits come through. I call this the Cyclical Nature of Trading....
As we have had a hard time over the last few days, it will not be long before we get some brilliant good profits come though. Sometimes this is one of the hardest thing new amateur traders have to learn, in that we don’t get big profits each and every day. That is not how the markets work. In fact most of our time as a professional trading is risk control, keeping our trading capital in tact ready for the big trades. Professional know and understand this, but how the market really unfold in the real world is a lesion that most amateurs find hard to learn.
Thanks, Steve
PS, take a look at the Advanced Blog, to see how learning to become an Advanced Trader will help when the standard setups are quiet. Here you will see how MTPredictor has nailed the high or low of the day for the last few days running, which is pretty amazing !
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