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There are traders that try and guess when the market might move. The bad thing for them is that
they are right once in a while. They are wrong just as often so it becomes wasted energy.
Set a trading schedule, this will make your life easier and your trading better. Some good times
would be around the time news is announced.
Be careful of the increase in spreads and the spikes in price at news times. Just wait a few minutes
until things settle down. Then trade based on your trading systems entry signals and setups.
They may come right away or take some time but the proper high probability set ups will come.
Never let your largest loser exceed your largest winner for the day. Be patient with the entries
and impatient with the losers. Trade the same way on every trade. Find the proper set up,
confirm the set up, take the trade. Always set your stop loss and take profits. Manage your
trades the same way.
Just trade at the same time in the same way each time your trade. Do not try to outguess and
out maneuver the market. Consistency will help you to be a winning trader.
Being consistent in your trading will take a great deal of the stress and emotion out of your trading.
You can learn more about consistency in trading by using our Launch Pad and Nth Degree
trading systems. Our free Jump Start trading strategy will give you an idea of how our trading
program work.