Late for work, then chasing price

...cont'd from yesterday...

Here's some more things to watch out for while you're trying to figure out precisely how you deviate from your Trading Plan and thereby wreck your account.

Not showing up on time at your computer to check for Entry Signals pursuant to your Trading Plan. And worse yet, chasing price after showing up late and entering into a trade at a price too far into it’s profitable move and near time for an exit required by your Trading Plan.

Try writing down the time for your next viewing of the price chart you are supposed to be stalking. Then keep an eye on your watch and show up for work on time. Set an alarm.

...cont'd tomorrow...

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Copyright 2008 Raymond T. Lee. All rights reserved.
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