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




Wednesday, 25 July 2012

Important

Use the market context, use the opening analysis.

What sort of open is it?
What do we expect from this open?
Where are the key S/R zones?
Which zone is it heading to next possible scenarios?
Remember it probably prints the high or the low of the day within the first half hour.

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