I learned something very valuable today. Essentially I am a totally visual learner. I need an image. I knew this but it wasn't heart knowledge. I can learn and experience verbally and written as well but its not my primary way.
This means I need to visually see the levels on the chart....and those levels MUST come from the 30M or higher....preferably the weekly. A mentor told me this the other day, I did it the first day and forgot to derive my levels from the weekly today and totally paid the price for it both in terms of the loss I suffered but also the missed opportunity that was so blatantly obvious from the higher time frame. This morning I took my levels from the five min chart and it was a total bust. I will not make that mistake every again.
No charts today because I didn't take any pictures this morning.....but tomorrow I will make sure I have those pics taken as the morning progresses.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.