S&P 500 Emini Futures Trading: I use this blog as a journal which is a key part of my trading business plan. I use my plan as a tool for the constructive learning process that i believe every new trader should have.
Wednesday, February 16, 2011
The "Zone" correct mind set.
The past few days i have not been doing to well. I think its a combination of my job getting in the middle of my though process and the market being in the area that it is in. As far as the market goes We just keep grinding higher on crap volume everyday. It seems to be the normal thing for the market to do. We sell down a few points to some support level and grind higher the rest of the day not offering any opps to join the move up or any place to get short. Very Very frustrating. But you have to take what the market gives you. Unfortunately i haven't seen a market that trades "normally" When i started to learn how to trade it was during the financial crisis and threw 2010 so i didn't really know what was normal and what is not and i still don't. I pretty much just go from what i was told by Kev and what i read about on the internet. As far as work goes i haven't been getting to my computer till well after the market opens. I have my routine all done and my analysis is finished but my mind isn't right. I haven't been able to get into the "zone" . Since the beginning of the year i have had a 180 degree turn around in my trading. And i think it has alot to do with my mind set. I have noticed that since the beginning of the year i have really been in touch with my thought process and the trades i make. But the past 2 days i have been rushing into my seat to try and get some trading in and only just get stopped out 2 or 3 times in a row. I wont get into details about why i have been messed up at work but lets just say that i am really frustrated and upset by the time i sit down. So the point of this post is to high light the importance of having a clear mind and being in the zone when it comes times to trade. And for now on i will not trade unless i am in the zone or correct mindset to put on a trade.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment