In trading—it's the icing first then the cake

 

Trading is icing first and then your cake.
Look at Monday's trading. What stands out?

First trades:

Intraday trades from Monday April 14 taking the icing with early executions
 

Final trade sequence:

Intraday trading from Monday April 14 taking the cake trading sequence
 

First it's several "nothing-to-write-home-about" trades.

Only then does the opportunity you solved for (in your game plan) show up fully.

 

  • Tuesday? Same.

  • Wednesday? Same.

  • Today? Again—same.

 

Look at today's trading.

First trades:

 
 
 
 
Intraday trades from Thursday April 17 taking the icing trade executions part one
 
Intraday trades from Thursday April 17 taking the icing trade executions part two
 

Final sequence:

Intraday trading from Monday April 17 taking the cake trading sequence
 
 

What's happening?

When too many traders jump into the same opportunity, the market must clear the crowd.

Money always transfers from the majority to a select few who know how to play the game.

Your game plan (the opportunity for you to take money from the market) works—but at first, only a little. It's the icing.

The cake doesn't come until others:

  • Exit in frustration.

  • Bleed trying to force it.

  • Or better yet, flip their position in doubt.

And the long the delay between icing and cake—the bigger the cake when if finally comes.

 
 
Adam Fiske