Our experience at Beta2 tells us that many traders can find it difficult to pull the trigger at the opportune time. Instead, they hear their minds say, "Just wait a little longer until it sets up better." They hesitate and have doubts. They might check another indicator, usually one they never look at just to ‘be sure’.
This Lane Clark Beta2 blog is all about helping traders deal with this emotion effectively.
Once a trader begins listening to what their subconscious minds tell them, they are lost. Instead of focusing on the market, their attention is centred on what their subconscious is telling them and, not surprisingly they miss the trade opportunity. Of course, once the trade goes in their originally anticipated direction, their mind is critical for not taking the trade! So listen to the market first and foremost.
