There are two primary problems facing many traders in today’s market environment, both equally important.
First, many traders simply do not have a clear and concise understanding of how market dynamics influence price action. This is perhaps one of the most fundamental and basic concepts and is essentially the core of the market trends.
Second, because of market complexities, uncertainty, volatility and informational noise, many traders become distracted because they do not understand “exactly” what it is they need to stay focused on.
Unless a trader can master these concepts and become consistent and disciplined in their decision making process, they will remain ineffective in their trading endeavors.