Chaos Trading Part IV

Chaos trading advantages are (Market Analysis Part):

1. You know either market is trend following.
2. You know either market is reversing.
3. You when there is no trend in the market.

This three phase of the market is very important for you to know. As you are going to react differently in different phase of the market. It is very good to know how to identify the market phase so that you can react accordingly.

Want what the market want.

Most of us just want what they want in the market. That cost us a lot in term of losing money and time. We are going to be psychologically exhausted when the market against us. The market never care what you want. Either you want it to go up by 80 pips or go down it never cares. To keep winning is very simple, just follow what the market want. Either follow the trend, reversal or just sideways.

Chaos indicators come in a very complete package to determine the market phase. You just need to follow. But, are you really willing to follow the market. As I told you in the previous posts, mind power is the most important element in this technique. If you think you are doing good following all the Chaos system but you still anxious about your trading, please dont trade!