Like the age old saying, proper preparation prevents poor performance.
Just like an athlete prepares for the next game.
A surgeon prepares for surgery.
An attorney prepares for trial.
As a trader, you need to prepare equally as much, if not more.
With pro traders around the world putting in hours upon hours of research looking for an edge, you need to be putting in the time and come to the market prepared. Otherwise, your PnL will quickly dwindle down and you’ll find yourself out of the market.
Don’t fall victim to the typical manipulation occurring in the market. If you have a solid trade plan ready to go, then there’s no need to worry about the manipulative games that market makers and pumpers try to pull. Prepare for it, expect it to happen, sit back and watch it happen, then once its over, step in and place your orders with conviction.
Don’t let these players play you!
