Tell your mind to shut up

...cont'd from yesterday...

.., 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.

Staring at a price chart and talking yourself out of a valid trade within the parameters of your Trading Plan. Try this: Remind yourself before you look at a price chart that you’re supposed to only glance at it for less than one minute. And maintain a quiet mind while looking at the price chart. Take some lessons on meditation so you can get some practice quieting your mind.

...cont'd tomorrow...

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Copyright 2008 Raymond T. Lee. All rights reserved.
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