At this rate, with these three big rules I should be a consistant trader in no time.
Rule #3. never try and pick tops or bottoms. it is trading against the lines in the sand that tell me my trades are with the current trend. Said another way, My set up is to enter "with" my lines in the sand. To enter at a "guessed" top or bottom I have to take a trade against my set up and the current trend. I will leave the guessing to others and take trades when my visual lines in the sand tell me I am too and get out of non-working trades when pointed out.
As my own new coach, I can see that obeying these 3 rules without fail will help me to avoid alot of damage to my account. I will obey them without fail even if this means alot of sitting waitng for my set up.
Today I think I can honestly say that I think Kees and I have finally settled on a chart set up that makes trading relaxing that replies on boxes of price action and a few lines in the sand filters. Today I think we have left the candy store to all the other traders new and old. I pray they will continue to remain confussed and unsettled.
May our trading become boring and profitable more everyday.
The Monster Within Me
Derivative transactions are not suitable for all investors.
Past performance is not indicative of future results.
The information provided here is for educational purposes only.
The Monster Within Me
There is a monster within me. His name is Phil. These are the journal's that will record my battle with the monster and his attempt to keep me as a losing trader. But I will prevail and learn to control this monster within me. I will be a great trader, I will be in control of who I want to be.
I will SLAY THE MONSTER within me so that it can no longer control me and my thoughts.
By becoming an Observer of the self, I give authority to the Empowered parts, to be all I can become.
Brick by Brick
No comments:
Post a Comment