A trader must have 2 conflicting scenarios in his mind all the time ...........
(The Trading Paradox)
when are you ready to buy ? (when you are still selling) When are you happy to sell ?(when you are still buying)
so 2 opposing views constantly battling for attention !
heres what i mean .........the zones are based on whatever system the trader has devised.....mainly O/B and O/S areas ......my own are much more strengthmeter based
so mainly one is happy to continue in such a zone on the prevailing direction but ready for the inevitable reversal
if you get plenty of volatility in the market especially on say the GU .....you will make money .....its just about having a decent edge and plenty of practice
hard ?...... Yes !
Frustrating ?......... incredibly !
welcome to trading
N
