We as humans always have a habit of knowing the reasons for each and everything. For example if something good or bad happens , we tend to find the reasons behind it that why it happened and what are the effects of it.
But when it comes to trading market , it is totally different as it don’t requires reasons to do anything.
If you don’t know the causes of movement of the market , you cannot analyze the events of the market , it may appear for you as a random events.
Knowing about the support and resistance level , helps one to decide the turning point of the market but sometimes even the best shot can fail.
In the same way the best price action signals also can move in opposite direction to you i.e Market can do whatever and need no any reason. Market is uncertain.
For new traders and the ones who have not got success in the field of trading for them these things will find strange.
Don’t expect the market to give you explanation for breaking any key levels and any kind of price action signals. It never gives explanation for it moves.
You will understand all things in a better way , once you get clear with the ideas of what you can do in the market and what you cannot do.
For this let us go in some of the points in detail for better understanding
Your work as a Trader.
As a trader you get involved in the daily activities of the trading , but you really forget your main role that you need to play as a trader.
For this you need to successfully identify the proper trade setups i.e. the trades which satisfy your trading plan effectively.
You should be ready to identify such trades, by having proper direction, mindset with proper money managing skills.
These things will help you to avoid making risk in the market and will help you to get a consistent profit in the market.
Being a good trader you should never try to judge the future of the market and don’t you get involved in any kind of misconceptions.
The misconceptions include such as depending upon the horoscope or any kind of fake advice of the others.
Because in trading no such things are required to do , so it’s better to understand that the trading solely depends on you and only you not anything else.
But when trade goes wrong or in opposite direction , many traders tend to get involve in finding the reasons for that, but they don’t understand that market doesn’t gives any explanation for it.
If you don’t know that means you really don’t know.
No doubt that how much you study the market with the help of indicators or with the help of your strategy at the end it’s only the market which decides the result.
Even the price action is nothing but the past events or steps of the market , so as a trader we can only be dependent on the key levels, Price Patterns and Price action signals.
It may found silly in reading , but that’s the only the true and practical way of thinking for a trade. You don’t have to expect from market to give you anything.
Just be dependent on the strategy , be confident and master your trading plans and strategy. Don’t get panic and dishearten even if you lose trade and avoid thinking of analyzing the market for going against your position.
Think and analyze where you went wrong in analyzing the market in order for not repeating your same mistake again.
But never wait and waste time in finding answers in trading because , that much time you can spend in finding the new high probability setups for trading.
Enclosing.
I purposely kept this article sweet & short. My main focus to write this article is that traders should trade the market according to their trading methods following the money management and trading psychology.
Traders should not the blame the market if any trade is going apposite , and does not waste their time in finding the unnecessary reasons , rather than finding the new high probability trade setups.
Let market to do it’s work.
This article is mainly dedicated to those from whom I have received emails about asking me that why do they lost the trade.
So there’s no answer as such to this question because you also clearly know that every time you cannot win in the market and even the market has no particular explanation for it.
Stop blaming the market for its deeds , because somewhere down you are only responsible for it.
Happy Trading.
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