Process your Entries Carefully
NAS100USD Over the past few years, I have analyzed my methods for entering trades and as I have developed, I have discovered a few key mistakes that most traders make.
1. Do no chase the price : Analyze properly and wait for your entry...most traders react negatively when price does not arrive at their target and panic and jump in because of fear of missing out (FOMO).
2. Patience always wins: An alligator/crocodile never chases its prey, it simply waits for it to come to the nile to drink and then it pounces for the kill...Wait wait wait...
3. You cannot enter a buy if the price is already at a high and likewise you cannot enter a sell if the price is already at a low...you must wait for the retracement.
3. Stop thinking that you need a lot of money to be successful at trading...you can start with as little as $50 and grow it to over $4,000 in a month using a fully developed strategy.
4. In order to become the 5% of successful traders, you must be willing to do what 95% of traders will not do and that is have tremendous patience.
#aubersystem
#auberstrategy
#whywewait
#patience
#finishthemove
#nosetupnotrade
no setup = no trade
Be the exception...not the rule.
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