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Do your entry signals give you the benefit of the doubt? Have you tested them in real time trading? Before you trade is the time for pragmatic pessimism. When you're reasonably convinced the probabilities are in your favor, then you can trade with cautious and consistent optimism.
Do you have a valid way to exit with a profit and with a loss? Remember the exit is fully half the equation. Ask yourself if there is a better way, or an even better way to decide to close down a trade. You don't want to experience capital death by a thousand stops, nor do you want to make money 99 times and lose it all on the last trade.
Do you have the best brokerage information and execution capabilities available? You owe it to yourself to make this right.
Are you in control of your own attitudes and behaviors when you trade? Remember that you, yourself, are the key to your success. It really all begins and ends with you.But that's the good news.
I invite you to visit my website and read my books to learn more about how you can be the person you need to be to achieve your trading dreams.
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