Don't chase the market, .. know your plan, .. log your plan and stick to it, ... if the market doesn't come to you according to your plan. let it go, whatever you do - once it starts running away from you - don't chase it!
Wow! Your illustrations and pictorial representation is just wonderful. There are no better words than what you just said. In bussines i feel you are as good as your startegy and how you stick with these strategies. So having a plan and sticking to it...so long as your plan don't involve being greedy instead knowing when to yield and restrategies.
thanks, .. glad you like it, plans don't involve being greedy per se. , however, once you have exited a trade one thing to log is how many of those trades could have given more. and over a period of time, you could adjust accordingly and log the result. Plans shouldn't be carved in stone as none of them will work all the time, .. tweaking will be required.
True! Very true