There is a saying if you do not know where you are going…how will you get anywhere. There is some what of an analogy with trading and having rules and a trading plan. When you follow trading rules which match your personality along with your trading plan, you are on a path to just let the probabilities occur. Every facet of your trading needs to be thought out. It is not easy developing a trading plan with rules…however once you have it in place & accept the fact that any trade is 50/50 & does not have to work…your edge over time could possibly provide you a rising equity curve.

When you have trading rules & you follow it……you reduce the anxiety and stress levels. You know you need to follow your plan because the only certainty when trading is complete uncertainty. If you think you know where any market is going and do not put on a protective stop…Good luck and would bet you will encounter a huge shock one day.

Part of your trading rules are what to buy or sell

How much to buy or sell

When to get out with a profit or loss…

Plus many other issues…

Pat yourself on the back if you have rules & a trading plan…if not …start working on one….

Think about every contingency pre thought out. The only way to get in the flow of the markets without stress & anxiety is to accept the risks…follow your plan…realize you can not prevent losses..( however- try to keep your losses small)..

Trading is not easy nor is it for everyone…

Past performance is not indicative of future performance