Do you find yourself hesitating to pull the trigger on trades, and when you look back you say,
I could have made a lot of pips on that one if I had only.
Do you still leave trades on hoping they will come back. You know the “blowout tradesâ€
that take all of the money you just made, and put you back to where you started or just
plain wipe out your whole account.
"Are You Set To Make The Wrong Decision On Your Next Trade?"
If you are not set to make the trade that your tested trading plan dictates you should make,
then your are set to make an emotional trade.
Do you keep making the wrong trades all the time? If so most likely you are the problem.
It is not the trading system you are using, or the market, or the limited time you have to trade,
it is YOU. You are the common denominator.
Solution:
Know your trading system
Follow the trade tracker
Keep a trading journal
Then
Make a trading plan
Follow the trading plan
These simple steps will help you develop the discipline to become a successful trader.
It is simple but it is not easy if you want to take short cuts and play the get rich quick game.
It takes time to develop the skill; patience, discipline, and persistence to become a successful trader.
But it is worth it when you get there.