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, 14 May 2012

14th May 2012

Look at the price action that you would want to follow a trend and loot at the price action where you are more likely to see a reversal.  The price action for following a trend is often similar sideways then a thrust then sideways then a thrust.  For a reversal it is more likely to move quickly into the level but let the reversal print.

No trades.

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