Thinking too much is a BAD thing

[Bogan7]

I have noticed a lot of threads proclaiming the end of the bull run then another proclaiming that is bullshit my feeling is that as a day trader when ever you start thinking too about the big picture you develop bias that hinders your trading.

Why should you care where it moves as long as it moves and you are able to profit from it?

By forming a bias you can blind yourself to opportunity the markets are presenting you simply because it doesnt fit your view.

 

[samus]

Quote from Bogan7:

I have noticed a lot of threads proclaiming the end of the bull run then another proclaiming that is bullshit my feeling is that as a day trader when ever you start thinking too about the big picture you develop bias that hinders your trading.

Why should you care where it moves as long as it moves and you are able to profit from it?

By forming a bias you can blind yourself to opportunity the markets are presenting you simply because it doesnt fit your view.

You got that right. I don't know which way it's going to move and I really don't care.

 

[neverknow]

Quote from Bogan7:

I have noticed a lot of threads proclaiming the end of the bull run then another proclaiming that is bullshit my feeling is that as a day trader when ever you start thinking too about the big picture you develop bias that hinders your trading.

Why should you care where it moves as long as it moves and you are able to profit from it?

By forming a bias you can blind yourself to opportunity the markets are presenting you simply because it doesnt fit your view.

Agreed.

The only bias you should form is about the current trend on your trading timeframe based on your strategies way of determining that trend.