Thank you Billy. This is indeed a common discipline that I've observed among successful traders. In my experience, it becomes difficult to keep up with the ebbs and flow of the market when I'm completely in cash as psychologically & emotionally I've disengaged. I found it easier to be patience and at the same time keep myself in sync with market actions by maintaining a very small position in play.
What do you find to be effective ways to maintain just cash position yet at the same time maintain that "edge" where you are still immersed in the market actions ?
-Ken