Be adaptable to changing market conditions from "summary" of Trading in the Zone by Mark Douglas
The market is constantly changing, moving up and down in unpredictable ways. As a trader, you must be able to adapt to these changing conditions in order to succeed. This means being flexible and open-minded, willing to adjust your strategies and tactics as the market evolves.
Being adaptable also requires a certain level of self-awareness. You must be able to recognize when your current approach is not working and be willing to make changes. This can be difficult for some traders, who may become attached to their strategies and reluctant to deviate from them. However, in order to thrive in the market, you must be willing to let go of what is not working and try som...
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