NinjaTradingServices

Ninja Talks EP 10: Snollygoster

Education
AMEX:SPY   SPDR S&P 500 ETF TRUST
Definition;

"A rude and unscrupulous person".

Many-o-moons ago I used to believe trading was a team sport (I know, how naive of me) but that's because I joined some supply and demand community where we all traded the same strategy.

These days I'm more of a Snollygoster.

I can't help it.

When I see other traders, I see them as competition - even those I teach!

You see the thing is, it helps my trading when I understand that when I win, someone else loses.

Why?

Because it's true.

There's always "someone" on the other side of our trades wether we like to think about it or not.

We've been conditioned to think the market has a "mind of its own", but it really doesn't - it's just a sum of its participants, which for the most part are individuals.

Indivuals who are all looking to out smart and win against other traders.

It's not a game.

Bruce Lee on fighting;

"Fighting should be like a small play, but played seriously."

Same goes for trading.

Keep your emotions, mind, analysis etc light and playful, but always understand that this is serious.

When you look at the market as another human you'll understand how to "outsmart " it (for lack of a better word).

Imagine you're up against yourself, how would you analyze the charts?

Find YOUR stop losses and key levels - then see how you can take advantage.

This is 5D chess trading at its finest and the quickest most lucrative way to become a gigachad trader in 2023 and beyond.

Understand?

Follow for the next episode of Ninja Talks.

Nick

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.