A #technical #analysis look at #Gold, #Silver and #WTI #Crude by Jason Sen DayTradeIdeas - Jason Sen. Link here: tradersummit.net/technical-anal… #Markets #Trading #XAUUSD #XAGUSD #JasonSen #TradersSummit

Emotions have no place in trading. The key is to remain objective, analytical, and disciplined. Successful trading should actually be boring & unexciting with each trades entry & exit strategy fully planned before execution.

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The most successful traders are those who can read the market's signals through candlestick patterns & formations and act on them with confidence while controling risk. Not those who think they can predict & gamble on direction every day.

One of the most important things I have learned about trading is that you must have a clear understanding of your own risk tolerance and trading strategy. Trading will expose all your mental weaknesses.

You do not need to have an open position all the time. You cannot possibly have a good idea of where the market is going all day, every day.

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A break of a bull trend does not necessarily indicate the start of a bear trend. Prices could just consolidate in a sideways trend. In fact this is the more likely scenario. #daytrading #analysis #tradeideas #signals