You have no control over what the market is about to do...the only control you have is to keep your model in the market during your trading plan hours and execute. Your forex or futures trading system will do the rest and find the profits.
Are smarter traders more profitable? No. Turns out there is one distinguishing common trait though that greatly increases your chance of success
How do you make the trend your friend? You trade directional models with a Higher Time Frame Confirmation. Watch this video to see how we do it in our course.
If you go into trading with the same mentality you have or had during your regular job, you're putting the odds of success against yourself.
When you have developed a trading plan, and KNOW your relevant model information, then you have to COMMIT to the trading plan, and follow your rules of engagement.
Eckhart from the Turtle Traders says in "The New Market Wizards" that when left to their own choices, people are better off flipping a coin than doing what feels good. Find out why, and how to get a trading plan in this video...
Every successful trader that has ever written a book is sending a clear message back to you as a new or struggling trader - the answer to profits lies within - not outside of you.
Every new trader - whether futures trading, forex trading, or stock trading, goes through this or a version of this cycle.
To trade forex, futures, and stocks profitably, you need a belief system embedded in your long term memory. If it's in short term - losses will ensue.
The TaTI Trend Indicator catches the trending moves in the Emini S&P on all time frames. Watch what can happen if you get your emotions under control and trade correctly.