In the new Wired Magazine for June, there is a cool article about "field sense," the ability that some athletes have for sensing a play before it happens. Click here to read the article.
Here is a quote I thought you might find interesting:
Farrow [the researcher profiled in the article] has found that players who make poor decisions tend to glance at targets, rather than pausing on them. They're also more drawn to motion. "In a lot of team sports, you're attracted to the area of greatest movement," Farrow says. "But just be-cause there's a person running fast and waving his arms doesn't mean he's the best person to kick to."
We do this as traders, too. We are so focused on the money that we want to make, the target, that we can't see the pathway to arrive there.
Some traders seem to be "natural" at trading. They seem to effortlessly trade profitably. I believe that when a trader is so primarily and singly focused on the profit she wants to make, that she cannot actually see the pathway there. Hence, traders who say:
1. "I should have seen that trade coming! I can't believe I missed it!"
2. "The charts used to make sense, but now it is all jumbled up and confusing."
3. "It's just easier for some people. It's much harder for me."
It can become easier to trade if we focus on the big picture. This would include:
1. Balancing our attention across a wider field of vision. This means that we are not entirely focused on reading materials about trading -- we are also reading about traveling, spirituality, relationships, sports -- other stuff.
2. Making sure that we eat right and sleep well.
3. Even if we have financial pressure, that we are willing to allow ourselves time and experience.
4. Waiting for the right trading setups, not "any" trading setup.
I hope to read more about this type of thing. If you have interesting articles/books about this subject, let me know.
