Develop a trading plan and Stick with it. Do not change your trading plan from day to day Just like a business needs a plan a trader needs a plan. Write down the specific market prerequisites (setups) that must take place in order for you to make a trade. List the time of day the size of the trades the signals you will take etc. It does not matter what trading plan or methodology a trader uses but a trading plan is necessary with a set of rules, market setups or price action that must appear in order for them to take the trade. You must have a game plan. If you have a proven methodology and a trading plan but it doesn’t seem to be working For a couple of trades, don’t go home that night and try to devise another one. If your methodology works more than one-half of the time, then stick with it. At this point is more about doing some mental and emotional adjustments rather than Methodology changes.
