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




Monday, 2 April 2012

Price moving into levels

Price moving into levels is so crucial the books hardly talk about it but it is imperative in every trade. 

I used to want to see price slowly creeping up to a level for psychological reasons and I assumed this meant weaker price action but this is completely wrong.

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