Archive for August 11th, 2010
Wednesday Notes – I’m NOT Leaving My Wingman
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We’ve all heard that classic line.
For after royally messing up once as the result of lack of confidence and conviction, Maverick “stayed with it” when it really counted.
Such is often the case when trading ES, which during the U.S. general session continues to be full of head fakes and general noise. As I mentioned the other day, trading ES during Europe hours continues to often provide better and more profitable opportunities, as was the case again overnight.
And such “noise” is often when I revert to “air traffic controller” mode, talking to myself in the form of chatting in the Tank when I just feel I need to stay objective regardless of any position which can easily skew one’s perspective.
I’m not always chatty in the Tank, nor am I always even there. Yet as traders, enacting Dr. Brett’s “Internal Observer” – whether via one’s inner voice or outward discussion – can help us remain attentive and objective, while reinforcing one’s market read confidence that years of experience validates.
As our Jellie NFL quarterback once said, playing not to get injured is the sure ticket to getting injured.








