ZLZ20218.11.21 Soybean Oil The other day I decided to turn a phone chat into a mentoring session since my students and I had never had a session like this. These sessions can be stressful for student because they are going to be asked questions and they are going to have to show their thinking through their chart... And it's very easy to get nervous over this. The reason the sessions are good is because it forces the student to think a little bit differently with deliberate questions and slightly different analysis. It opens the student up to different possibilities in a very productive way. My belief is that if you talk to people who have ideas and you see that they are looking at things slightly different than you you're forced to interact with that other person. This is important because it's very easy to spend months and years trying to trade but your internal dialogue isn't deliberate enough and organized enough to really help your trading. It's okay to trade with a gut level feel, but you actually want to do that when you already have the ability to systematically ask the questions that pertain to the market you are trying to trade and do this in a fairly conscious organized way. I would say with most traders who are not successful they're not doing that. They may have a lot of knowledge about the market but you still have to think about the market when you are about to take on risk. When you have mentoring sessions that present contrast in alternative ways of evaluation, you are essentially talking about the market with another person. But it's very easy when you're trading alone to be less thorough and less prepared for the trade and that will work against you. You not only want to look at the markets to get the best result on a trade, but you want to look at markets to discern when it may not be worth your time, or the marketIn any case, some trades are better than others, and you want to know what that looks like. might be too difficult to trade because of the market.
