Tasks 4,5,6 out of 10

This is the second in a series of articles that started February 20, 2007 with the article entitled “Ten Things Successful Investors & Traders Do”.

4. Stalking. Waiting until conditions match what you want them to be before entering into a trade. This has to be pursuant to the Low Risk Idea you developed in Task #1.

5. Action. Enter an order to open a position. This has to be pursuant to the Low Risk Idea you developed in Task #1.

6. Monitoring. Check what has happened to conditions since opening a position. This has to be pursuant to the Low Risk Idea you developed in Task #1.

continued tomorrow ...

Copyright 2007 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
eMail me Comments