“Pros care very much about who is in the markets and why markets are moving. The principles provide a framework for making sense of market behavior, which then can be used to filter the setups provided by charts, cycles, and the like. The really good traders understand markets; they don’t just predict them.”
– Brett Steenbarger
So go beyond technicals and ‘Everything I need to know is in my charts’ mind set, just don’t obsess, awareness and hopefully understanding? For example bond auctions, options expiring, earnings reports …
just focus on your charts 😉
congratulations, with that response you have successfully succeeded in making me incompetent, hope your more competent followers approve
the thought of the day is just an interesting quote debbie, you can’t use every single one of them…