How to Train Your Objective View Of the True Market Direction
We each tend to think that we see things as they are and that we are objective but this is not true. We see the world not as it is, but as we are or as we are conditioned to see it. When we make our trading decisions we are acting on our perceptions. Seeing is being in the human dimension. What we see is highly interrelated to what we are. If our perception is dominated by concepts of trading against the market, then we cannot go very far in changing what we see without simultaneously changing our being.
If we are to succeed in trading we must follow the market trend. The only confirmation of any theory or concept is the real world. What is the real world? The real world in trading is the precise way that the market is actually unfolding at a particular moment. A trend is not a trend unless it is on its way.
AbleTrend is a trading software which actually projects the market direction with colors. Here is an example of recent NQ day trading at the early stage of the trend with AbleTrend indicators applied to the charts.
As you can see AbleTrend rules are simple and straightforward. They are clearly presented on the charts. In these interactive examples, first look at the trade Setup chart, read the rules as shown on the chart, and decide if you want to buy, sell or hold. Then look at the outcome chart and see the result of the trade here:
Markets are ever changing but AbleTrend rules remains the same. Practice the rules again and again just as a basketball player practices dribbling again and again, until you know how to apply these rules to real-time trading. Ready? Here are some more recent day-trading charts with AbleTrend indicators applied.
With Warm Regards
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