Well, to me it means to trade what is happening now vs. what is likely to happen next! As traders we have the tendency to anticipate what is likely to happen "next". After all, the best traders do anticipate what is likely to happen and what they are going to do IF price goes to A or B.
But oftentimes we get stuck in the "if-then" mentality. If price gets to this spot I'll do this. How many missed trades do we have waiting on price to get to our level. If anticipating a move into an area ... why not position to capture that move .. then stalk a trade keyed to the area if it makes sense once price is trading there.
People do this all the time with the Execution/Target Zones. Wait on a move into the one of the Zones to execute instead of targeting a move to the Zone. This is why they are called Execution/Target Zones. If they were just for executions (entering new trades) they would be called Execution Zones.
We have to trade what is in front of us. This may sound counter-intuitive to my # 1 quality of top traders but it is not.
I know I'm guilty of this myself. It is why I am writing the post. I am going to make it a point to trade what is in front of me. To be aware. To operate in the present.
We analyze the past to determine what is likely to happen next. What the market is currently trying to do. We must operate (execute) from this (current) place. Not a distant price in the future. We must be present.
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