Saturday, 24 January 2015

Know All The Facts

Too many times traders jump the gun and enter a trade, often despite a gut feeling to stay away, only to ride an emotional rollercoaster until finally that stop loss is hit.

Knowing When to enter a trade is important.   Knowing when to stay out separates you from 80% of traders.

There are three things in life...

  1. The things you know you know.
  2. The things you know you don't know.
  3. The things you don't know that you don't know.
The third one will kill your trading account!