Today was another bad day in the market for me. This is what happens when there is no plan that is followed.
Please start following a specific plan or else you will go down the same road as other unsuccessful traders go. You will not have any capital left to put trades on. Please start following your plan and do not chase stocks or go against the trend.
Can you please please please do the following small things everyday?
- Patience- Wait for your setups to hit or breakout before taking any position.
- Stop loss- Please start using one.
- Execution of the plan
- Trade with the trend