Life is full of distractions that we cannot avoid completely but we can learn to manage them and to focus on the key things we want to achieve.
The financial markets is loaded and full of 1001 distractions that can derail your path to your destination.
Being a chart analyst practitioner does not mean I will not be distracted. I have my fair share as well when the one is tested with a losing open position(s) before it make a turn for the better.
The only way to be good and proficient at anything that one wants to be is to FOCUS - FOCUS - FOCUS.
Specialize in a few strategies and techniques that give one the best results.
One can be a macro generalist but one also need to specialize on certain methodologies.
Yes, all of us will walk through a phase where we cover a wide area of different approach and theories. As time pass, we should filter the appropriate ones that suit our personality.
Once we shortlist them, next is to study the strengths and weaknesses each of them for all the trends (UP, SIDEWAY and DOWN).
Finally, choose the one that you find most comfortable using and back test as far back across different time frames and different product classes
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