Mentally Practice Entering Stop Orders

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.

A second way of turning that new Year Resolution into an iron clad habit is to mentally practice it. In between trades, and while watching commercials on TV, imagine going through the motions of opening a new position and immediately entering a Stop Loss Order. Do that as often as you can, at least once every day. Especially do it a few minutes before you go to your computer to trade.

...cont'd tomorrow...

Website Home has MOVED to:
http://LeisurelyCashFlow.Googlepages.com

Copyright 2008 Raymond T. Lee. All rights reserved.
LeisurelyCashFlow
eMail me Comments