@pistiszoe
ONE OF MY TRADING RULES:
When you are in a trade constantly ask yourself if anything "has to
happen." Obviously, you want the market to go in your direction; however,
what I want you to do is monitor how you feel, your Level of commitment to
what has to happen. Remember there is a big difference in perspective between
"what is happening" and something that "has to happen." If you find that your
commitment levels are rising, keep on telling yourself that it is all right for
anything to happen because you are confident in your ability to respond
appropriately to whatever does happen.
Ask yourself what can't happen? What can't the market do? When you
find yourself rationalizing the market's behavior to support your position,
you are operating in the realm of illusion and setting yourself up for a
painful forced awareness. Remember the market can do anything, even take
your profits away if you allow it. Always take something out of the markets
when you find yourself in a winning tra…