THIS IS THE SIXTH OF AN EIGHT PART SERIES OF POSTS THAT WILL INTRODUCE MY NEWSLETTER IN THE CROSSHAIRS© AND MY TRAINING COURSE CROSSHAIRS TRADING© BOTH OF WHICH WILL SOON BE AVAILABLE TO THE PUBLIC. THESE POSTS WILL THEN BE MERGED TOGETHER INTO A SINGLE DOCUMENT WITH A CORRESPONDING VIDEO PRESENTATION. MY BLOG POSTS WILL CONTINUE AS ALWAYS.
KEEP YOUR FOCUS ON WHAT YOU CAN CONTROL!
In trading, it is absolutely essential that you focus only on those things that are under your control.
Every single trade should be controlled by purposeful action with the goal of making money. Why make trading anymore complicated than that? To do so would be to take your eye off the goal. Do not waste your energy over those things which you will never control. Just like you cannot change a tiger’s stripes, you cannot bend the market to your will, so why try? Surprising economic news, earnings guidance surprises, analysts upgrades and downgrades, major market participants decisions to enter and exit the market, etc. are not under your control. All of these can affect your trading one way or the other, if you let them.
What Crosshairs Trading will help your learn is how best to to respond to the uncontrollable while focusing on the controllable. Your trading results will suffer when you focus on the wrong target.
