Overloading your car or your trades

…cont’d from yesterday…

Car: Don’t put more people in your car than the number of seatbelts available in it.
Trading: Position Size so that if your Stop Loss Order is filled that you only lose less than 1% of your account on any trade.

Car: take driving lessons before attempting to drive by yourself
Trading: Condition yourself BEFORE trading so that you automatically follow your Trading Plan

Car: Don’t drive when your ability to drive is impaired by alcohol or drugs
Trading: Don’t trade if you are physically or emotionally not well

...cont'd tomorrow...

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Copyright 2008 Raymond T. Lee. All rights reserved.
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