Tuesday, January 12, 2010

The Daily Note - A Late Start

I always feel a little out of sorts when I am a little late in the morning and had not a chance to prepare the day before. Catching pre-market conditions is always important to me and often that pre-market trade makes my day.

But today, I am late and unprepared. So what does one do? The same thing I always do. Check the market, read the news and see where the movements are. The setups may come later or I have to look more ahead. It takes the same time and the opening may be lost, but being unprepared is more costly.

What I am saying is that it's important to have a clear view and a clear head. Not to chase but go on the ride and pretty soon you'll see opportunities open up on the horizon.

Happy Trading, Living and Oh Yes, Dancing


Thanks to TraderClubTirol, for the perfect tune: Late for the Sky, Jackson Browne

The Play List

Also use yesterdays setups for MA GOLD