Focus in Trading

As you know I am a firm believer in meditation and my experience shows me that regular meditations, enhance my trading significantly. Today, I want to discuss the issue of Focus. The thing about meditation is that it can put you in a great calm state of mind, sometimes even euphoric. This means that you may be biased optimistically and this can harm your trading. To balance it, you need to be fully focused on your trading, when I trade, my email is closed, the door is closed and I barely notice the phone ringing, let alone answer it. Focus is the essence of successful intraday trading, or scalping as it’s known. Make sure you are seeing the market thru the charts and not a painting made in your mind. There are plenty of scalping opportunities, partciularly around the market open anc close (London and NYC). Go with the charts, use your own method, or check my scalping method in this blog. 2-5 points at a time, 100% focus and before you know it you’re making a good living, with a small risk.
Just to let you know I’ve joined Bob Proctor’s 6 minute daily program and am finding it very useful, I do it after my morning meditation. Click Here to see if it’s for you. Have a great trading day and talk later.

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