The more time I spend trading the more I realize my spiritual weakness. For instance trading with a focus of making a given amount of money in a given amount of time is exhausting. It is when I focus on the rules and execution that I find success. Here is how it works:
1. Get into a trade based on the set up.
2. Set your stops, targets and scale outs.
3. The trade starts to fluctuate (as they do most of the time)
4. You say to yourself maybe this trade is different.
YOU ARE TOAST!!
more to come…..