Tuesday, November 9, 2010

CLOSING THOUGHTS

It doesn’t take that long to do all these things; you can knock it out in 30
minutes to 2 hours depending on how much you trade. But regardless of
how long it takes, it’s worth much more than the effort you’ll put into it.
By going over all your trades, you will gain insight into your trading and
you’ll learn what’s working and what isn’t. Those who never review their
trades will never learn what they do right and wrong. Instead, they will
keep making the same mistakes over and over again. By preparing for the
next day, you will get a tremendous head start on the day. Think how much
better you’ll trade if you come in with a game plan and scenarios for all your
trades. No matter what curveball the market throws at you, you’ll be ready.
Hell, they will all look like hanging curves if you are prepared.
Now go and have that beer with John.

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