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Whose Game Are You Playing?

Learn to think for yourself and ultimately trade by your own rules.

By The Street TradingPublished about a year ago 3 min read
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Make no mistake about it, the market is a giant game being played 24/7/365; whether the market is open for business or not, the game is being played. It is a constant game of chess, not checkers. The ones who can out-smart their opponent, ultimately wins (the trade).

Just like chess, where certain pieces are sacrificed, so are prices – temporarily that is.

What does this mean?

To put it simply, when price moves towards a particular level and then reverses; it is never a coincidence. Never.

The movers of price, the real players, are not day trading; they have a much longer time horizon. They know that most day traders are novice at best, and therefore easily “guided” with price.

Case in point – fake breakouts/breakdowns. This is one of the main reasons we always wait for a re-test. If the move is real, then there will be a re-test; many more times than not.

It is all about probabilities.

So, all this said, what about the game? Jut by knowing that there are players forcing their rules onto unsuspecting market participants - simply slow down. Avoid getting caught up in the noise of the market and become laser focused on your plan – no one else’s.

It should not matter what trader A or B or C is trading or what kind of strategy they deploy – it is completely irrelevant, as they are playing their game with their rules; not yours.

Of course, there are fundamental trading rules that apply to everyone, but key is to take the fundamental rules and cultivate an edge – your edge – your game – your rules.

This is what builds consistency as a trader. Self-sufficiency is the only way to build a career in this business – it is the only way!

The reason why the failure rate is so high for new traders, is because they simply never took the time to cultivate their own set of trading rules.

Blindly buying and/or selling without truly understanding the fundamentals of trading, will ultimately end with a zero-account balance and a very frustrated ex-trader. These are the people that say there is no way to make money as an active trader – but unfortunately, that is their limitations from a lack of knowledge, it has absolutely nothing to do with you.

They were playing someone else’s game; every time.

We are playing the ultimate game – the game of all games. Those of us that succeed, have taken the time to learn this business and understand the rules being played.

We are not jumping around from strategy to strategy, looking for the “holy grail” – and by the way, spoiler alert, it does not exist!

It is about becoming a specialist at what we do; whatever that may be.

Whether someone is a scalper, momentum trader, trend trader, active trader, swing trader, position trader, etc., we are specialists at what we do.

We are playing the ultimate game, but the difference is – we make the rules.

Deviate from these rules and you will pay the price. Remain disciplined to these rules and you can have a career in this business for as long as you desire. I am not kidding one bit.

Trading professionally, consistently withdrawing capital from the markets is the ultimate feeling. It is reserved for those of us that have taken the time to learn this business and build our own edge – our own rules.

Our trading rules. Our game.

About The Street Trading

Consistently Profitable.

That's The Goal.

Start with a crystal-clear vision of where you’re headed, then effectively lay the foundation to reach that goal through a systematic process.

That's The Street Trading.

We provide a straight-forward, no-nonsense results-driven trading education, that cuts through the noise to teach new and existing traders on how the stock market truly operates.

Our attention is focused on building actionable knowledge about the markets from the ground up. We construct a foundation of the fundamentals behind consistently profitable trading that you can build a career on. Take the guess work out of trading and ultimately understand what moves the market to finally flow with the Street and Trade with Clarity.

Day Trading | Swing Trading | Position Trading - It all comes down to managing risk and market psychology.

If you’re interested in learning more about what we have to offer you as a trader, come check us out at www.thestreettrading.com

We look forward to joining you on your trading journey!

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About the Creator

The Street Trading

We provide a straight-forward, no-nonsense results-driven trading education, that cuts through the noise to teach new and existing traders on how the stock market truly operates.

Come check us out at www.thestreettrading.com/

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