44. Get Balanced First


 

Get Balanced -

Every so often, you will be in a trade and it will not be working out correctly on the charts or you see something that has changed. 

We suggest getting out of the market and get balanced. Meaning, take a step back, walk around and then come back and take a look at the market for what it is rather than what you want it to be. 

You can always come back and ask yourself what do you see, what models are happening now and get ready for the next trade. 

It is OK to go flat and get balanced is the mind-set option. 




Next -> Mind Set Models   

45. Never Look Back


Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.