The Question - Sir, how is market going to be tomorrow?

Sir, how is market going to be tomorrow? Bullish or Bearish?

See, I never go into the market with that binary view.

I just be the part of the big picture. As a trader I'm a pixel. I cannot analyse the whole picture. Rather, I can just try to find the place where the probability of fitting me is the highest and where I can stay put with high confidence as long as I need.

I just find out which setup fits my strategy. What's my risk here. What could be the reward. How am I going to handle the trade if the trade doesn't go as planned? What's the odd here?

A bit more "setup checking" technicality in-between but that's the learning material. You need to train yourself for those tiny hints which decide whether a stock is convincing or not.

I place my order. I wait for the confirmed Pivot. As soon as the order gets executed I place my SL in the system.

Then I let the market decide the move. My target hits, I'm out. My SL hits - I'm out. No feelings. Stick to the plan.

So here you go - whoever asks if the market is Bullish or Bearish? - Well, learn to ask the right questions. You will get the right answer.

Godspeed to your journey. May it be inspiring as hell.

#Learning #Trading #StockMarket #StockToWatch