Hi everybody,
Yesterday was a really horrible day on the US e-minis with just short and choppy swings all day. Days like this are impossible to trade.... But days like this do unfold, so we must accept that sometimes trading can be very hard.
This is just all part of the Cyclical Nature of Trading, where the good times, bad times and hard times all go round in cycles. We are just now in the hard part of the cycle. But what this does mean is that son we will get some good trades come round.
Most amateur traders give up in this part of the cycle, and therefore then miss out when the good times come round. So knowing about, and accepting how markets unfold in the “real world” is vital for long term success in this industry...
Thanks, Steve
Yesterday was a really horrible day on the US e-minis with just short and choppy swings all day. Days like this are impossible to trade.... But days like this do unfold, so we must accept that sometimes trading can be very hard.
This is just all part of the Cyclical Nature of Trading, where the good times, bad times and hard times all go round in cycles. We are just now in the hard part of the cycle. But what this does mean is that son we will get some good trades come round.
Most amateur traders give up in this part of the cycle, and therefore then miss out when the good times come round. So knowing about, and accepting how markets unfold in the “real world” is vital for long term success in this industry...
Thanks, Steve
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