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




Thursday, 21 June 2012

21st June Trading

Been away and having to try and remove my natural bad habits again like closing trades too early for no reason with no indication that the trade is now invalid the only reason for closing is snatching at the small profits I do have.  Current trade closed for +3 but now would be sitting at +47 with virtually no pullback!

IF THE TRADE IS STILL VALID HOLD THE TRADE UNLESS IT GIVES YOU A CLEAR REASON THAT THE TRADE IS NOW INVALID

-5
+9
+5
-12
-12

Total = -15
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