It’s the end of the year, and time for trading business plans for 2017 from the traders on our desk.
When viewing the trading plans of our best traders the issue that repeats the most to fix in 2017 is……..
Waiting for the setup!
These are highly profitable traders, and even some seven-figure traders.
These are experienced traders who have shown a history of success and consistency of edge in different market environments.
Repeatedly the issue most top traders on our desk struggle with is forcing trades.
There can be a fine line in some cases from seeing the trade then putting on size and forcing the trade. And in our active trading game this might be a matter of minutes or even seconds depending on trading style.
It is hard to trade with size if you do not wait for the entry as opposed to get out in front of the entry. It is hard to be consistent if you do not wait for the entry as opposed to get out in front of the entry. It is hard to hold for the real move if you enter early as opposed to seeing the trade and then striking.
This is what our top traders are working on on our desk in 2017.
Happy New Year!
You can be better in 2017 than you are today!
*no relevant positions