STICK TO EXIT/PROFIT TARGETS AS SOON AS IT HITS TARGET CLOSE THE TRADE NO HESITATION

STICK TO THE PLAN LET THE TRADE RUN


EMOTIONAL CAPITAL TAKES MONTHS TO BUILD AND SECONDS TO LOSE PRESERVATION IS PARAMOUNT



THERE WILL BE NO SETUP THAT TELLS YOU EXACTLY WHAT TO DO - USE YOUR INTUITION




Tuesday, 20 March 2012

19th March Trade Review

The first trade made would have hit +10 and so would the second trade If I had not have closed early.  The third trade looked good but failed and last trade should have been moved to plus 1 but due to poor management turned into -12 loss.

Summary:
+10 could have been hit with no real problem the trades were identified and traded but poorly managed.
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