V.4:5 (169-171): Left brain/right brain, reality and trading the markets by R.E. McMaster, Jr.
Product Description
Left brain/right brain, reality and trading the markets by R.E. McMaster, Jr.
The starting point for success in trading the markets profitably is to perceive market reality accurately. While this may sound obvious enough, most traders enter the marketplace with preconceptions, biases and incorrect perceptions of market reality. They soon learn, however, that the market is a ruthless taskmaster. You either line up with the market's reality, or you lose money.
The market's consciousness, it seems, justifies itself in its harshness, as it points out to traders that there are only three realities possible in the marketplace. Markets can either move up, move down, or drift sideways. This simple recognition or, perhaps, the not so simple recognition of which of these three realities is active at any particular time is all that is necessary to trade successfully. All of our analyses of the markets are supposedly for the purpose of bringing our focus on the market reality so we can trade profitably.
The starting point for success in trading the markets profitably is to perceive market reality accurately. While this may sound obvious enough, most traders enter the marketplace with preconceptions, biases and incorrect perceptions of market reality. They soon learn, however, that the market is a ruthless taskmaster. You either line up with the market's reality, or you lose money.
The market's consciousness, it seems, justifies itself in its harshness, as it points out to traders that there are only three realities possible in the marketplace. Markets can either move up, move down, or drift sideways. This simple recognition or, perhaps, the not so simple recognition of which of these three realities is active at any particular time is all that is necessary to trade successfully. All of our analyses of the markets are supposedly for the purpose of bringing our focus on the market reality so we can trade profitably.
FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.
| Take Control of Your Trading. |
| Professional Traders' Starter Kit |
| All these items shown below only $299.99! |
| Click Here to Order |