Keeping an open mind

It's essential for a trader to have an open mind about the markets. I'm noticing many intra-day traders with short bias these days, preventing them taking long trades.

Don't forget that markets are capable of doing anything. Who would have thought that they will see a purple polar bear one day! This polar bear is from a zoo in Argentina. Its coat turned purple after being treated with some kind of medication!

I look at this picture and think about the markets :). Don't let the purple polars bears in the markets surprise you, always keep your mind open and unbiased.

capt.1058903521.argentina_bear_bai102.jpg
 
Too fuzzy some could confuse witrh undecision :D

I would rather say prepare for opposite scenarios in your mind and know the signals that would invalidate the others in favor of the one that would be left.

Quote from chinook:

It's essential for a trader to have an open mind about the markets. I'm noticing many intra-day traders with short bias these days, preventing them taking long trades.

Don't forget that markets are capable of doing anything. Who would have thought that they will see a purple polar bear one day! This polar bear is from a zoo in Argentina. Its coat turned purple after being treated with some kind of medication!

I look at this picture and think about the markets :). Don't let the purple polars bears in the markets surprise you, always keep your mind open and unbiased.

capt.1058903521.argentina_bear_bai102.jpg
 
Quote from chinook:

It's essential for a trader to have an open mind about the markets... Don't forget that markets are capable of doing anything...

Amen.
No opinion is the correct one for a daytrader.
 
Quote from EGOT:

No opinion is the correct one for a daytrader.
Assuming you have a winning system, no opinion is not only correct, but essential to extraordinary success.
 
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