Sunday, April 22, 2012

Introduction

HI

On this Blog you will find alot of information and material on how to approach the markets (PreOff) and what to look out for.
in order to understand the markets behaviour and how to judge its sentiment and actions and where and in wich direction you should position yourself ,all for free!

I will show you the door into the *zone* but you have to walk thru it on your own!

this is not your average blog , here you will find many usefull informations on what really drives the markets (PreOff)

I know it can be a pain in the arse if u ask a question on a forum and all u get as a reply is watch the ladder! yea sure , but what to look out for? how to approach it and where should I start?
I will answers most of the questions and show you where to start .

What?
Where?
How?

so from the 10.000 hours of screen time wich is often told to put in, in order to get an understanding and trade profitable I will cut that number atleast in half for you!

the beeing Profitable issue can only be achieved by you and your gain in confidence as u gain more and more expirience and knowledge about the markets and about you!..

confidence comes from totally understanding the markets and know how to judge its action correctly and act accordingly ,think of it as if you dont know what u do and dont know what the markets drive or how they work .. are you confident?

i dont think so! so with this blog full of information about the underlying market mechanics and how to judge and read them correctly ..
u will get confident as u know what u do and know how the markets work!

what u wont find on this Blog is a magic bullet system as ther is None period.u cant force a mechanical simple stupid system on an ever-changing market
it wont fit.. the markets have their own logic and mechanics...
u will learn how to read an interpret the markets to position yourself
in the most favourable way, I will teach and show u what are the important information bits and where and how to find/spot them.

all in its purest form of reading the price action on the ladder. however i wont promise u that u will be profitable right from the start
u have to do your own due diligence and put in alot of screen time and hard work in order to get the edge.. I will show u the door , but u have to walk thru it by urself..

nothing works best as self experienced situations, u will learn much faster and from your own mindset.. wich is worth more than anything else

dont worry I have done the most work for you , I show you where u have to look for what , u then simply have to adapt and study the stuff i show u on this blog on your own ,take your time and dont rush , it will all sink together when time has come i promise..

u first need to know the underlying mechanics behind a market and its logic. u need to understand what drives the market, who participates and most importantly ,what there intentions are and why the markets are there in first place, then u need to know where u have to look at and what is rather a important information and what is just a distraction

then u need to make yourself a plan, dont worry it doesnt need to be a complex one ,but u need to know and layout where u want to do business in
at wich odds, where is it interesting to take a trade from ,ie u draw a map..

then u need to watch the markets and get a feel of where price is heading much likely (path of least resistance) ,want the market wants! , how price approaches your level of interest and how price acts at your level...

when u are in a trade u need to watch how price reacts while your position is open.. either when to take profit.. or scratch the trade or even reverse the position
if the markets dictates it...


all the above mentioned points will be presented within this blog along with videos,pictures and more!

u need to know that the markets arent black and white but if u start to watch the markets as i describe it here ,u will be closer to the zone
and eventually be in the zone !

u have to be flexible with your initial thoughts about the market, a trade or even an open position. as things can change fast and then u have to adapt to the new market conditions ,in order to prevent a bad position,to get out of one,to take a different trade or simply skip it. this u will see and witness with your own eyes as u practice and therefore will get more and more confident as u will get one/nsync with the markets and understand them

the emotional aspect is one of the most stressed things out there but why?
well of course as u probably dont know what u have to look out for and dont know why markets do what they do ie. u dont understand the markets..!
that s why your emotions will over run you.. especially fear, aniexity and the hope that a red position will turn green... hope is reserved for the ones who dont know!

dont worry u will get confident as u will understand the markets and its behaviour it really isnt that hard.. but deffenitley work on your side has to be done..!

stay tuned! and enjoy my blog.

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