Doing the right thing isn’t always easy. As I take the time to prepare a salad, shaving and chopping beets. Then cutting the carrots and washing the lettuce. A canned Amy’s organic soup stares me in the face. In 5 minutes I could be eating, but I have another 10 minutes of prep to go…
When we trade the market, we are always in preparation, searching, no hunting for that one good trade. When we find it, we eat and are ideally rewarded. The last week, however, there has been a famine. With the market eagerly anticipating the fed announcement on Wednesday markets went sideways an extremely difficult market to trade for those who use the trend to trade. What is the right thing to do?
Within Inaction is Action.
Every trader is different and trades differently. This week for me was a lesson is patience discipline and knowing when to focus energy elsewhere when the fruit is too high to pick.