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Thursday, January 15, 2009

Imaginary Significant Emotional Events

More on the topic of turning your New Year Resolution (of always entering a Stop Loss Order immediately after you open a new position) into an unshakable habit.

Instead of hiring a coach, you can just imagine yourself going through the Significant Emotional Events described yesterday. That’s actually better because you save money and you can do it repeatedly to/for yourself at your convenience. A good time to do it to/for yourself is every day just before you go to your computer to trade. That’s a fourth way of converting your New Year Resolution into a habit.

...cont'd tomorrow...

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