Looking For Trades In All Of The Wrong Places
Have you ever just sat there, staring at the computer monitor, wishing for a trade set-up? You sit there minute after minute, watching the bars form until finally... you can't stand it any longer. You make up a trade. Yes, all of us have done it. We are, after all, traders, aren't we? Are job is to trade, isn't it? So what happens when you take a trade that does not fit your trading plan? Do you exit immediately? Do you "hope" that the "trade fairy" will be good to you and deliver you with a nice big profit or do you think that the "trading gods" are against you when you end up with a loss? ...
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