Sunday, March 22, 2009

What Did I Do Correctly when I am Making PROFIT?

1. I have a solid system
2. I have the patience to wait for the perfect setup.
3. I read the market correctly, getting in just before a breakout took place .
4. I closed losing position immediately. Execute ESC plan when I have to.
5. I have the discipline to stick to my plan.
6. I did not jump & overtrade the day.
7. I risked small amount of my equity in each trade, normally 3% to 5% only.
8. I had enough rest prior to trading.
9. I have a proper trading schedule.
10. I am RATIONAL rather than EMOTIONAL in my approach.
11. I am focused in making money.

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