Trading Business | Trading Process and Strategy

Market Structure and Price Action Study

  "Fortune favors the prepared mind." … Louis Pasteur   In a recent article I discussed the importance of regular study of market structure and price action. See here if you missed it – https://yourtradingcoach.com/trading-business/a-simple-step-to-becoming-a-better-trader/ After every trading session, find something you can learn from. Perhaps a market structure feature. Perhaps an interesting sequence of…

Trader

Expect Imperfection

  Imperfection is part of the game. Expect it. While you should always seek to minimise error and to improve your market reading skill and decision making abilities, you cannot ever completely eliminate imperfection. Instead, your job is to learn to profit over a series of trades, despite the presence of imperfect decisions and actions.