"We must not devote too much attention to analyzing what has already happened. We must participate in the market with a stance that looks two days to two weeks ahead." (From Nikkei BP's publication 'Day Trade')

From the acclaimed book “Day Trading,” subtitled “The Mindset to Keep Winning in the Market.”

“We must not overfocus on analyses of what has already happened. We need to participate in the market with a mindset that looks two days to two weeks ahead. We cannot trade the past. Also, we cannot predict the distant future with precision. However, for the period right in front of us, we can have a reasonable degree of confidence. Since there is no better term, let’s call this the near term. In the near term, we as traders gain the accuracy, success, and peace of mind we seek.”

Two weeks feels too long, I find myself thinking.

I think I’ll aim to train my market sense at least two days ahead.

If I draw a ZigZag line up to two days ahead,

I wonder if I can grow a little.

I’m going to try!

— See you next time.