1. Trading big lots with big leverage2. Losing patience & perspective in situation
3. Rushing for revenge trading
4. Complacent with account size and recent winning streaks
5. Blow up everything in single day or trade
6. Did not plan the what if's
7. Too FEAR or too GREEDY
WHAT MATTERS ?
1. Keep things in perspective - steady - cool - wait
2. Trade like when you are having USD100 in accounts
3. Be AFRAID. Be very afraid. Admit that you're WRONG, when you're WRONG.
4. Always say ; I can control myself… but not the market…
5. MAKE MONEY - per day and per week target basis
6. STEADY equity growth
7. Prior to opening any position, Visualize it. What are the chances & WHAT IF ?
8. SELF CONTROL - Do not ENTER when you feel not to.
9. Play the PSP when waiting for ENTRY chances
10. RIDING ON THE profitable SIDE OF THE MARKET
In Summary... IT'S ALL ABOUT SELF CONTROL...
If you can't have this within you, then use EA's (ie Robots)... one of the best now is FAPTurbo... even that I do not trust it 100%. I still prefer manual trade ;)
All the BEST to your tradings.copyright © 2009 by shahrul nizam hussin
No comments:
Post a Comment