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, 24 April 2012

I didn't take a good trade in the dow today because I checked my correlation and the trade did not look good.  It turns out this was the correct move as the trade did not work correctly.

Correlation is the best aspect I have learnt about trading for a long time.

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