A traders engine is….

What best helps us make money as a financial trader?

Is it:

  1. a fantastic strategy
  2. time on our hands to be able to trade
  3. enough money to trade with
  4. an environment without distraction
  5. the correct equipment and support software
  6. 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.

Published by Day Trader

I flew fast jets for 30 years of my life. I've traded full-time, more or less, for the last ten years, initially from fundamentals and over the last few years as a dedicated day trader. I live on the North Norfolk coast.

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