Habits 2 and 3
...continued from yesterday...
Second. Begin with the end in mind in terms of how you are going to be and what you are going to do. For example, as a trader, you are going to be self-disciplined and you are going to follow your trading plan for the next specified number of trades, after which time you will evaluate your trading plan (but not before you are finished those specified number of trades).
Third. Put first things first. In trading, for example, decide what is more important to you: exiting a losing trade when your stop loss is hit or wanting to “be right all the time”.
...cont'd tomorrow...
Copyright 2007 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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