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




Friday, 8 February 2013

Back and fill


Look at how the S&P works it trends but it backs and fills it goes into ranges don't get chopped out of the range have your bias find the entry find the level and go with it and add and scale accordingly.  This is how the S&P moves so watch the action try and understand what is happening sometimes it needs to rotate for traders to get better prices

What you want to be thinking ... is this a back and fill or reversal?


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