Page 24 - Psychology Course Study Manual

This is a chart of the E-Mini (ES H4 contract) on a one-minute intraday time frame.

So, while it is fine to have an opinion as to market direction, it is best to base your trade entry

and exit decisions on "Market Truths". Trade the realities of the market as the market unfolds
and see if dealing with reality delivers a better result!

If You Can't Pull The Trigger, Fear Is Stopping You!

Fear can be good thing if it is based in reality. When fear is based on fantasy or on past events

that do not correctly represent reality, then fear is destructive. I think the first question to ask

yourself should be: Is your fear based on reality or fantasy? If the answer is a lack of

confidence then maybe your fear is based on reality because your body is telling you to be
better prepared. If this is the case, then you need to "Paper Trade" until you build your

confidence enough that those feelings of fear dissipate.

If the answer is that your fear is based on fantasy then you need to rid yourself of this fear
before trading. Examples of this are seeing yourself failing before you even begin. Or visions of