What rules did the market give you this week?
With nearly ALL games, sports, business or ANYTHING, there are rules.With trading the challenge that some traders never adapt to because of how hard it can be to make the mental change is that the market simply gives us opportunities time after time and we have to take them, when we see them.
There are no rules telling you;How much to trade, when to trade, when to get out, or how many positions to get out with. No one telling you; what broker you should trade with or if you should deposit $xx or trade demo first. Just opportunities.
This is why traders often struggle with jumping between systems and not locking one down; because there are endless opportunities. When they finally create a plan with rules and start using it in the market, it will just as quickly get forgotten and stop being used which will hurt their results as we will discuss today.