You do all this work on analysis. 

But the return on effort you're putting in looking over charts, 'key levels' economic data etc is what?

 

And when you can't find what speaks to you as "opportunity" - what happens next? You look at more charts and markets. Correct?

And so the search continues...

 

But what happens if you can see more opportunities by looking at less?

 

You see:

Great opportunities are never out there in the open. They're always elusive and must be so by design. 

 

So typical analysis won't uncover them because it's only surface-level. It only leads you to what most people are already doing. And you know what most people are doing produces underperformance - which is a nice way of saying net losing. Correct?

 

So while it sounds counter-intuitive - you uncover more by narrowing your focus. 

 

How so?

The magic of narrow focus is tapping into insight.

Where you gain a deep intuitive understanding that goes beyond surface-level observations. You see patterns, connections and solutions not apparent to others for breakthroughs in your trading. Make sense? 

 

Imagine this:

By narrowing your focus to trading just one market - your insight gives you excellent opportunities daily. That's right! 

But you can take this even further:

 

You win where you've won before.

You see:

You don't learn to ride a bike by attending a seminar. Agree?

And so it is with trading. An intellectual understanding on its own won't pay you a cent.

 

Now:
This might come as a surprise but there's absolutely no way you can execute profitably without having mastered the 'doing' aspect of trading.

 

Want proof? 

Before you ever placed a real trade - did you first practice trading a very specific market scenario that behaves in a specific way?

And did you continue to practice that scenario until you had mastered it - achieving a large sample size of meaningful trades to prove your mastery? No. Right? But how's that worked out?

 

Truth is:
You didn't know to approach markets this way. But how can you practice what is an ever-changing and always unique market?
 

A narrow focus uncovers repeating behaviours others don't see. Often referred to as a 'playbook', it's a catalogue of strategies frequently occurring among the chaos and randomness - opportunities most people aren't aware of.

But armed with a handful of strategies that repeat daily - you gain expertise through repetition executing the same playbook trades over and over. Make sense?

You"ll see playbook examples and explanation in the related reading in a second:
 

To summarise:
Your solution for spending time on analysis but not growing your account is:

1. A narrow focus leads to insights - the cornerstone of identifying the vital few market movements from the trivial many market movements that most people are not aware of until it's too late.

2. And what's great about these insights is they enable you to win where you've won before. Because you can excel in what you do more of. 

Related reading:

🔗 What Exactly Are Playbook Trades and Why Do the Best Traders Swear By Them?

That's all for now!