PriceTeam

[PriceTeam]

Rain, a couple questions:

What's your work background or specialities?

Here's a question that I see is essential to trading success:

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What does it mean to think like a champion?
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Now what does this have to do with TA? More than we realize. Trading decisions happen within the cradle of consciousness. If that consciousness is distorted by fear or greed or biases or misperceptions, poor trading decisions will follow.

The *perfect* method in a weak consciousness will lead to loss of time and opportunity at the least--and loss of capital at the worst.

Also we need to think like champions to discern the best methods in the first place.

So a *poor* method held in a strong consciousness will lead to loss too! I've seen some of the best traders go down in flames by not seeing the Achilles heel in their method. The method works great in bull phases and then fails bigtime. The market has an ingenious ability to keep turning, turning, turning to uncover the weak point. The chain always breaks at the weakest link whether it's the individual making a poor decision or the method suddenly revealing a weak point.

Anyway, if anyone wants to jump in on this question: What does it mean to think like a champion and how do we acquire that mindset?

Ted