It takes "TENACITY' to focus on price action, surrounded by changing market conditions while maintaining a trade position that is already on the right side of the market trend. Likewise, it takes a high degree of TRADING CONFIDENCE & DEFINED PLAN OF ACTION while RESPECTING MARKET VOLATILITY
And ready to take action whenever needed from unexpected forces detrimental to prevailing sentiments in the market place. The LEVEL of CONVICTION in staying on a winning course needs to be HIGH until such time the TREND DIRECTION runs out of steam either on a bull or bear market.
To have a high level of conviction is based on the proper "DUE DILIGENCE' that would shape a solid foundation of analysis that goes beyond the traditional methods commonly applied. Only when UNCERTAINTY appears out of nowhere that the degree of trading difficulty should be address or...
... When it does ...STAY OUT of the market! ...
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