If you can build a relationship with the market like you Should treat a friend, a Master Trader will let it guide their trading approach using the information that it provides right before them .
Traders should use this relationship & understanding with the markets as the perfect opportunity to enhance their Setups .
By accurately using your setup criteria you define and use to enter a trade, you will learn to remain patient of price pattern identification and wait for those certain characteristics to present itself like those of a friend or partnership
you find most attractive .
Like all long term successful relationships – Good communication is an essential requirement to both parties involved .
The Master Traders understands this concept .
Only when the markets have communicated ” Shown its hand ” will the Master Trader feel the need to act accordingly with Execution as his only reply .
Become consistently profitable requires correct application of your Trading . Build a relationship with the market and let it confirm/deny your own trading ideas .
The baldy one has spoken – Copyright © 2011 tweeterTrades
“ Traders wisdom Edition “