Monday, July 26, 2010

A lesson learned

The reason your system works is simple:

High Probability Setups (both visual indy's must match...BOB and DC Line) Without them my system is worthless.

You cannot & will not jump into a trade like you did today. It's either a Yes or No...the indicators either support the trade or they do not.

You are so, so, incredibly fortunate to get back everything...

Remember, there isn't a trade everyday, and there shouldn't be.

Only take the trades that meet your setup criteria, and ignore all others...even if they would have worked out it's not worth the suffering.

There will always be clear cut, easy to spot setups. Today was not that case.

Never force the issue again, it's either a trade or NOT.

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