cut the lot on open this morning...... prior to open there was a huge buy / sell list against me and the pre-open price was one cent up......so i copped a decent loss here......
so with this example, Mower's "trade what you see and ignore what you might think or what anybody else thinks" is the way to go, that I moved my stop losses up and then quadrupled up my trade also definitely did not help my cause....
I have also been spruiking the same theme and applying it very strictly to my other trades - "but this one was different, the rules did not apply to this one, I was going to make a killing on this one, I had a full understanding on how the market would move with this one" ...... not so!.....any more ignoring of the rules l like this and I will have to admit I am past it and will give it away.......
