We humans like structure. We like to take a certain action with the assurance that it will produce a certain result. As most of us find out the hard way, the market doesn t work on that principle. As added volatility creates even wider, more erratic moves based more on emotion than logic, the market changes its mind constantly. Woe to the player who remains stuck in his or her own opinions of the way things should be.
Uncertain times create an uncertain market.
We will prosper only if we can stay loose and nimble, adapting our trading styles to the moment at hand. The trick is to stay unattached to the outcomes of our trades. That mindset is easier said than done, but coupled with knowledge and discipline, it s certainly attainable. 4199 Campus Drive, Suite G, Irvine, CA 92612. Web site design by Mena Designs .