Thursday, December 16, 2010

Pane In The Glass- Pace, Patience & Panic.

Was thinking about how important it is to acknowledge that s/r is flexible. It brought me back to this analogy that I referenced some time ago. There is no bigger pain in the ass than taking a trade in the right zone, but failing to account for the pace of price into said s/r zone...(that'd be the Bull/Bear running into the stuck-in-the-mud fence!)

The following quote written to myself in this post also came to mind:

" Plan to wait for the crazy activity that usually indicates the flush at the end of a trend move."

Having the patience to wait for the moment that feels most uncomfortable (the panic flush/stops...), then getting in anyway, is usually the best move.

6 comments:

financial help for single moms said...

Patience is all you need on this business.

Arjun said...

You need to concentrate on your business which will make you success in your life.

Anonymous said...

Drive more visitors to your website and get your promotions in front of 1,000s, automatically! Automatic Website Traffic will do that for you, guaranteed, and it's FREE!
http://automaticwebsitetraffic.com/aff/1610

Follow us on FreeViral:
www.freeviral.com/?r=369491

also, visit my blog: verwoodsolutions.blogspot.com
and my website: verwood-solutions.com

Thanks and Hope You Have a Great Day!

Anonymous said...

Drive more visitors to your website and get your promotions in front of 1,000s, automatically! Automatic Website Traffic will do that for you, guaranteed, and it's FREE!
http://automaticwebsitetraffic.com/aff/1610

Follow us on FreeViral:
www.freeviral.com/?r=369491

also, visit my blog: verwoodsolutions.blogspot.com
and my website: verwood-solutions.com

Thanks and Hope You Have a Great Day!

Magazine 2012 said...

business which will make you success in your life...is tru

anil chandel said...

You need to be patient in order to successful .