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Tuesday, October 25, 2005

A trader's job

I have made reference in past posts to "bread and butter" set-ups, "beautiful" set-ups, set-ups I would like to see every day, et cetera.

IMO, the job of a trader is to wade through all of the set-ups presented to him every day and discard the bad and mediocre ones...if you do this, you will be left with the set-ups mentioned above and trading will be a lot easier and a lot more rewarding.

My deep thought of the day...

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Posted by Trader-X at 2:03 PM

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DISCLAIMER - I DO NOT MAKE RECOMMENDATIONS TO BUY OR SELL SECURITIES; I JUST POST MY THOUGHTS, TRADES, AND OPINIONS. DO YOUR OWN DUE DILIGENCE - YOU ARE RESPONSIBLE FOR YOUR TRADES, INVESTMENTS, AND DECISIONS. ALL CHARTS ARE COURTESY OF REALTICK. ALL TIMES INDICATED ARE NY (EST).