Flawless Execution
I am doing daytrading. I trade both forex as well as SP500 E-mini futures. For forex , though the trading duration is round the clock , there are realistically only 3 periods that are most active : London open , Asia open and US market open. For SP500 , the window of opportunity is even shorter. I found that once there is hesitation in any trade decision , then I miss the opportunity for the day altogether. As such , trades execution must be flawless.
What flawless execution means is acting on an opportunity ( either getting in or out of a trade ) the moment you see that it’s an opportunity without hesitation. Once there is second thoughts , then game over …
 Flawless execution does not mean having the perfect trade. Many traders want a guaranteed outcome. And that is the reason why many people hesistate when it comes time to put on a trade or cover an open position. They want the guaranteed outcome , but they realize there isn’t a guarantee , so they fail to be …
