digital trading

analog technology was good
but had a lot of limitations
and had to go.
it did, except for traces.

digital techcnology took over.

strangely,
in trading
majority traders are still trading
the analog way.

and not so surprisingly
the operators and big players
are into digital trading.

no,
i am not talking about the trading terminals
or software....

i am talking about the method of trading.

analog style of trading
is trading by tracking the exact path of the market movement
and basing every trading decision
including entering, exiting etc.
on the basis of this.

on the contrary
digital style of trading
is trading without tracking the exact path of market movement
and instead trading from point to point.
it is a simple case of on or off,
all you are interested in is
'has the price reached the target?'

e.g. consider a situation
where the market forces and fundamental factors
are sure to take the market higher from current point A to higher point B
it is no longer a question of whether the market will go to point B
the only questions are
when and how?

if you are trading the analog way
and following every twist and turn and drama of the priceline
caused by operators
like a snake follows the pipe of snake charmer,
emotional roller coaster ride
will cause you to get in out as dictated by the operators.
this is the mother of all trading mistakes
and trading traps.

on the other hand
if you are trading the digital way
and have taken a position near point A
and are not bothered to know and see
which timetable and route the price follow
to reach point B
as long as it does hit point B
you are sure to remain relatively stressfree
and handsomely profitable.

all you need to do before that is

1. get the eyes to know the likely move.
2. change your mindset and habit from analog to digital.

remember, operators trade digital
and make sure that you keep trading analog.