Another trader has.
So, who wins in the end?
A focused, calm, emotionally intelligent trader will always take the money of a fear-of-missing, emotional, unfocused trader.
So - what can be done to ensure victory?
Trading is about focus.
Time = wasted energy.
Wasted energy = loss of focus and excellence.
The more time you spend on the charts, the more energy you waste, and the less you gain. The less you trade, the better you perform.
Why is this?
You have superior performance.
You will always have an edge over other traders.
- Focus, calm, and objectivity.
Traders who spend 8 hours on the charts are never at an advantage. They spend their time on the charts because they want to enter a trade, and they end up entering a forced trade and losing money.
They are being beaten by traders who know when it is a good time to trade and when it is not.
So - choose a trading window, devote your full attention to it, take your trades and then rest.
When the market is unclear - rest.
When there is heavy news - rest.
And like a sniper - be active at the right time, while the impatient ones have already been blown away.