I'm often asked how i "find" trading opportunities.
While I understand the instinct to think of it that way, that's not what real [profitable] traders do. In fact, "finding" trades has led to the destruction of more trading stacks than, perhaps, any other single thing. Why you ask?
Simple...
"Seek and ye shall find..." is not just a religious parable. It's a trading truism. If you're "looking" for a trade, you'll find a trade... But the same trade has VERY different probabilistic outcomes depending on the overriding context.
That's why I recorded the video below at around 1am in the morning. I wanted to show a little about how I think about preparing for, waiting for, and reacting to good trading conditions within context.
Let me know what you think.
===================
You might also like:- The Simple In Simple Trading
- The Power of Compounding
- The Stock Market Auction Process
- How To Think About Your Trading Losses
- The Fast Track To Financial Independence
- The Importance of Simple Trading Rules
- How To Use Support & Resistance In Your Simple Trading
- How To Use A Stock Picking Service
- How To Trade F.A.A.N.G.M.