[flyswatter77]

Hello again fellow traders. I thought I would share with you an excerpt from the book, "Trading in the Zone" because o f it's beneficial impact on me as a trader. I hope that it will be of some use to you as well.
Good trading and God Bless,
Michael


The best traders are in the "now moment" because there's no stress. There's no stress because there's nothing at risk other than the amount of money they are willing to spend on a trade.

They are not trying to be right or trying to avoid being wrong; neither are they trying to prove anything.


If and when the market tells them that their edges aren't working or that it's time to take profits, their minds do nothing to block this information. They completely accept what the market is offering them, and they wait for the next edge.

As traders, we can't afford to indulge ourselves in any form of "I know what to expect from the market."

We can "know" exactly what an edge looks, sounds, or feels like, and we can "know" exactly how much we need to risk to find out if that edge is going to work.

We can "know" that we have a specific plan as to how we are going to take profits if a trade works. But that's it! If what we think we know starts expanding to what the market is going to do, we're in trouble.

And all that's required to put us into a negatively charged, "I know what to expect from the market" state of mind is for any belief, memory, or attitude to cause us to interpret the up and down tics or any market information as anything but an opportunity to do something on our own behalf.