Saturday, June 27, 2009

Learning How to Trade: Picking Up the Market's Lessons

One of the things I'm trying to accomplish with the real time Twitter posts (follow here) and the intraday blog posts is help traders with the reasoning processes that can lead to successful trade ideas. Too often traders become self-focused (and focused on P/L) rather than market focused. I've archived these posts to help with the market focus: figuring out how we're trading, so that you can then infer likely movement to come:

Every day in the market should teach you something about how markets move, how trades set up. I've been trading since the late 1970's; the market is still teaching me lessons--sometimes the hard way! I'll be posting those lessons along the way.