♦ How I Do It ♦ Important Caveats
Some addition things to consider regarding the ideas presented
I use very short term charts for spotting my Entry Signals.
I also use very tight protective stop orders on every order placed.
Much of my trading success is dependent upon how active
the markets are on any particular day.Very active days are accompanied
by price excesses that make tight stop loss levels problematic.
To adjust to differences in pace throughout the day and to help resist
the inclination to over trade I have developed the habit of taking
many "practice" trades - before, after & between actual trades.
In this way I'm always testing the market waters for favorable conditions...
Doing so very much helps to clue me in as to whether or not I'm "in the zone."
For me it is an activity which has proven extremely beneficial to my bottom line;
significantly reducing the number of break-even and stop-loss trades I incur.
I do miss good trades by taking a practice trade when
a real trade would have made me some money but
I've learned to accept when that happens...
I don't sweat the Could-Woulda-Shoulda's ...
There is Always another trade.
This page is under construction (12/13/2018)
