What best helps us make money as a financial trader?
Is it:
- a fantastic strategy
- time on our hands to be able to trade
- enough money to trade with
- an environment without distraction
- the correct equipment and support software
- to be able to trade objectively, all the time
The list could go on. And of course, we could argue that all the above have a part to play, to some degree or other.
However, from our lessons, it is the final item that takes the biscuit.
To trade objectively (or in the zone, or from a ‘now’ moment perspective) is the engine of the whole process.
I have read ‘Trading in the Zone’ by the late Mark Douglas several times, and it was only the last read where, for me, the so-called ‘light’ came on.
I probably need to gain a certain level of traders experience before I was able to grasp what Douglas was telling me.