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

Nov 5, 2018 – Back in the Game

Premarket Insight

Now with earnings calming down, still a pretty busy week ahead with something scheduled every day for the Economic Outlook. The main things to be aware of this week are U.S. midterm elections (#TrumpTweets) and another Fed day Thursday with rate news at 14:00. Oil also in the spotlight with headlines about Iranian sanctions.

 

Premarket volume showing relatively normal activity with CLZ18 all alone over 100k of volume. Price action looking to be returning to normal with GC and 6E trading sideways in a tight range. CL also trading sideways but with a wider range of about 50 ticks. NQ slowly climbing bullish since the open of today’s session, up +0.15% before 08:00 EST.

 

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

 

COB Recap

Total Profit $42.50

  • TST = $42.50
  • AMP = no trades

 

 

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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