I am continuing to have issues with not going on my morning setup when it arises either because I am distracted by another (usually worse) trade or because I have some misgivings due to resistance/support nearby or something similar. I feel reasonably sure (as sure as I can be without true backtesting) that it works more often than it doesn't and also, if it works, I make twice what i lose than if it doesn't so I just have to close my eyes and pull the trigger. Once i'm in, an even harder feat is getting out where I am supposed to and not deviating from the plan. Anyway, I know what I must do. This is purely an implementation problem so I don't want to over-analyze this issue.
I wanted to put down a great quote from a wise trader I was talking to earlier so i can remember it in the future. It basically concerns what I was talking about in the beginning of this post.
He was telling me that when it comes to learning to trade properly, I have to tell myself that
"its more important how well i execute this idea than how much i win or lose. If I can make that my goal and gauge of success or failure, then the making money part will come on it's own."
ok that's it I'll post more when i got something.
-fmlt
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