do you have a trading plan?, page-2

a trading plan is critical, but you have to able to adapt that plan to the current situation.

one of the biggest problems i see is people reading book of old systems (pre internet) and then trying to use that systems in todays world. i agree you can pick up some good i dears from these pre internet books but you would have to have a system in place to try any i dear.

The technology is out there to use and it needs to be used to try and level the playing fields. Remember the instos and big Banks employ some of the best brains on the planet, so if you want to be a trader you have to be on your game at all times.

the other thing that goes hand in glove with the system is cash management (in my opinion you dont have a system until cash management is in place)you cant have one without the other and it is this and this alone that will svae you on those falls

km