Trading in the Moment by Adrienne Laris Toghraie
You don't have choices regarding the past, but you do have choices regarding your future. Here are some ideas about how you can change your perception of the future.
When a trader lets his imagination take hold instead of concentrating on what the market is actually doing, it can affect his trading decisions. Trading in the moment, without wishful wishing about where the markets may go or negative thinking, is the only way a trader can get the support that he needs to follow his own rules. You may be familiar with these mindsets, mindsets that assume an outcome because of some unfounded assumption or belief:
• Everything comes in threes. This has to be a good trade because two good things happened today.
• I’d better get out before the big boys hit my stop.
• I’m always in the opposite direction of the right move.