Kardec Trader explains why they stopped forcing daily trades and started waiting for high-quality opportunities that match their strategy. Early in their career they felt pressured to trade constantly, but learned to stay in cash when the market doesn't offer what they're looking for.
When I first started out trading, I woke up every single day looking to take trades in the market. And over the few years, I've learned that you have to focus on finding opportunities in the market. So that took some time for me to really develop. And once I was able to develop and understand that, I was able to approach each and every single trading day according to what the market presented. Now, the market will present different opportunities based on your game plan, based on your viewpoint of the market, and based on how you trade. So you have to identify the way you trade, what your strategies are, and then with that strategy or strategies, you need to approach the market with the ideology that, hey, the market may or may not present me an opportunity today, and if it doesn't, it's okay to stay. Cash.
