“Trading Psychology is BS!” The Undeniable Importance of Trading Psychology

Nov 20, 2018 – Hit the Button

Premarket Insight

Indices continue to fall into today’s futures session coming into the premarket hours.  Nasdaq futures currently down more than 1.20 %. Plus, third-quarter earnings season begins to draw to a close with some of the last key retail names reporting before the open and after the close. This list includes Target ($TGT), Best Buy ($BBY) and Lowe’s ($LOW). Economic Outlook showing building permits before the open.

 

Premarket insight showing a pretty strong premarket with NQZ18 and CLF19 above the 100k volume mark. GCZ18 is not far behind with more than 90k of volume. Euro Fx futures traded sideways until dropping hard around 03:00 EST. Gold futures bouncing bullish to neutral. Inversely, CL trading bearish to neutral, after a rejection from its open about an hour ago.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Broke the little winning streak. Total Loss $-60

 

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

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