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Analysing the Market Objectively

A good trader should be a good analyst to begin with, and a good technical analysis trader should have the ability to analyse any market that he/she come across.

During our last evening session, I decided to pull out a SiMSCI chart & get our new member (who is with us for few months) to analyse and have a trade plan.

I am very glad that his "chart reading skill" has improved over the months, even on a contract that he is not familiar with.

By learning to trade what we see, and not what you think, one can make sure that you are operating on logic and objectivity instead of emotion.

Here's a small clip of what we have gone through last evening. Hope this video clip can help some of you out there to "operate on logic and objective".

Happy trading.


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