One off the key skills new or novice traders need to learn is when to be in the market, when to look for a trade and when to do nothing. Again I doubt you will read the latter in a book. As day trading the FTSE 100 involves? well trading but you can only trade when the market is in your favour.
Yesterday was a classic example of how we made money and then realised there really was nothing to do until after the FOMC stuff and we called that pre open as its just experience again another thing you cant get out of a book.
Here is a copy of the video I posted about yesterdays market onto our YouTube channel.
Mike
