Futures
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Gold
One platform for global traditional assets
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Hot
Trade European-style vanilla options
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Launch
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THE MARKET TRAP IS HERE!!!
I have been having discussions with my trader friends and I can tell from their voices that they are panicking just like another newbie. there's always something I always tell them, I always say, this market is not “uncertain" as you say, It’s engineering to trap you!
You see the conditions are not so favourable now so why are you as a trader think it is a good idea to be in the market trying to catch a "move" just because you cannot control yourself and stay still or calm.
You see any breakout and you enter,
Price reverses, you panic that’s not random behavior! that's you not having control of your emotions and your brain aching to become the liquidity.
Smart traders wait! They sit on their hands and wait for price to open the path way before they follow through. they do not panic! If you're too early, you'll be burned! and if you’re always late…
You are the exit liquidity.
Shift your mindset: Stop chasing moves. Start anticipating traps.
#GateSquareAprilPostingChallenge
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