{"id":1437,"date":"2024-05-06T15:45:38","date_gmt":"2024-05-06T15:45:38","guid":{"rendered":"https:\/\/thetalabmarketing.com\/?p=1437"},"modified":"2024-05-06T15:45:38","modified_gmt":"2024-05-06T15:45:38","slug":"amplifying-your-trading-by-knowing-when-and-how-to-press","status":"publish","type":"post","link":"https:\/\/thetalabmarketing.net\/?p=1437","title":{"rendered":"Amplifying your trading by knowing when and how to \u2018press\u2019"},"content":{"rendered":"\n

Picture yourself at a tennis match.<\/p>\n\n\n\n

You\u2019re watching an intense \u2018rally\u2019 as opponents dance with each other from opposite baselines\u2014exchanging shots across the court.<\/p>\n\n\n\n

With each return, anticipation mounts\u2014who\u2019ll deliver the knockout blow?<\/p>\n\n\n\n

Jump the gun and you risk losing the point. Instead the strategic way is to let mounting evidence show you the perfect moment. Then without hesitation execute an attacking knockout play. Correct?<\/p>\n\n\n\n

Can you see and hear why tennis is a great analogy to trading?<\/p>\n\n\n\n

    \n
  1. You have an opponent.<\/li>\n\n\n\n
  2. You press when you can catch your opponent off guard. <\/li>\n\n\n\n
  3. Go too soon or too late and you lose.<\/li>\n<\/ol>\n\n\n\n

    But first an important footnote:<\/strong>
    Are you aware it\u2019s vital to vary trade size to win at trading? From Warren Buffet and George Soros to unknown market wizards, you only succeed at trading by varying trade size\u2014including \u201cpressing your bet\u201d (increase size)\u2014at precisely the right time.<\/p>\n\n\n\n

    How the knockout blow in tennis also applies to your trading<\/p>\n\n\n\n

    Trade write-up<\/strong><\/p>\n\n\n\n

    Notice how the trading below dances with the market?<\/p>\n\n\n\n

    The blue arrows are buys and the pink arrows are sells. There is a mix of long and short trades.<\/p>\n\n\n

    \n
    \"Chart\"\/<\/a><\/figure><\/div>\n\n\n

    And if you think the trading above resembles treading water \u2014 you\u2019re right!<\/p>\n\n\n\n

    But consider this:<\/strong><\/p>\n\n\n\n

    When it comes to swimming what\u2019s the most critical skill? Not drowning. Correct?<\/p>\n\n\n\n

    Therefore the initial focus in trading\u2014like in swimming\u2014is on mastering treading water. Make sense?<\/p>\n\n\n\n

    Now ask yourself:<\/strong>
    If it was you who made all of those trades shown above including:<\/p>\n\n\n\n