Proper mindset may seem like a fuzzy topic, but it will get clear once I get into the topic. It encompasses a lot of issues that I truly believe become the most important part of trading. The truth of it is that learning technical analysis is not a terribly complex procedure. As a matter of fact, I certainly don’t mean to offend anyone who is struggling, but the intelligence required to trade properly is no greater than that of any fifth-grader. But following rules and having discipline is often a problem and that usually stems from the proper mindset. As I review some of these topics, it will become much clearer.
Here’s a chart to follow along:
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