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Sunday, September 17, 2006

Goals for this week

The goals for this coming week are simple:

1) enter that damn stop loss into the spreadsheet BEFORE making any trades!!
This will eliminate the problem of taking trades where the setup is non-ideal, just not there.
2) Don't expect, guess or predict, but WAIT for the stinkin' chart to show you what it IS doing and react accordingly !!
Trying to promote patience here.
3) If you have a profit, never turn it into a loss!
Even if it is a wild swing manipulation by the MM's to intentionally take out stops, it feels much better to exit green than to hope for green.

1 comment:

Richard said...

Thase look like good goals. Be careful on Fed week!