Why You Need LASER Focus When You Trade – 4 Reasons
Trading is not just crunching numbers.
It’s also about precision, timing, and strategy.
You need to be a perfectionist when you trade.
Because every action you take will determine where you get in and out.
Every action will determine what possible amount you can lose and what you can win.
Every action will determine whether you will add it to your track record or now.
So, I’m going to help you to develop laser focus when you trade.
NO LASER FOCUS AND
You Might MISS a GREAT Probability Trading SETUP
Picture this…
You’ve been tracking a market for days.
The setup you’ve been waiting for finally emerges.
But you’re distracted. From your job, from an email, from the family, from your mindset or even a social media notification.
Or you have missed an important economic news calender event.
And by the time you refocus, the opportunity has slipped through your fingers.
Trading needs your undivided attention.
Each setup is like a rare gem, and you need to be sharp-eyed to spot it.
Missing out isn’t just about lost potential profit; it’s about missing the chance to execute your well-crafted strategy.
NO LASER FOCUS AND
You Might Type in the WRONG Trading Levels
You have your setup, charts and trading platform all ready.
You’ve analyzed everything perfectly, and have your levels.
But one moment of distraction and you might type in an extra 0 or type in the wrong number.
This can lead to larger losses or even not being able to enter your trade.
Here’s an idea.
Pretend that the trade you are taking is NOT for you but rather for a big client with millions that you need to execute.
Now you will feel more obliged to execute correctly and with laser focus right?
Precision is key.
NO LASER FOCUS AND
You Might Type in the WRONG Volume
Volume is crucial.
It’s the engine behind your trades.
It’s the amount that will determine your potential gain or loss.
If you get in with the wrong volume, it could disrupt your entire plan.
You smirk, but it’s more common than you think.
You need to look at the MINIMUM contract you can trade.
You need to work out the position size with the Position Size Calculator.
Incorrect volumes can inflate risks and distort your position size.
You can’t afford to risk more than you can financially and emotionally handle.
Be more accurate with your position sizing and your portfolio will thank you.
NO LASER FOCUS AND
You Might MISS Adjusting Profit or Stop Loss Levels
It’s common to get into a trade because the market is running away.
But then, you might forgot to put in your stop loss and take profit levels.
This can be dangerous!
Especially if you hold overnight and you aren’t awake to monitor and protect your position.
Especially, when the market gaps and you have no choice but to close your trade.
Profit and stop loss levels are like the safety net and trampoline of your trading strategy.
Keep a close eye on your trades and levels please.
Final words.
Laser focus in trading is CRUCIAL.
You are the boss of your own portfolio, financial situation and strategy.
So act like the boss with precision, accuracy and laser focus.
Let’s sum up why you need to have Laser Focus…
NO LASER FOCUS AND
~ You Might MISS a GREAT Probability Trading SETUP
~ You Might Type in the WRONG Trading Levels
~ You Might Type in the WRONG Volume
~ You Might MISS Adjusting Profit or Stop Loss Levels
Trade well, live free.
Timon Rossolimos
Founder, MATI Trader
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