Trading is exciting. Because of that, many new traders rush out of the gates without some key aspects of successful trading ironed out. It’s a mistake to think if you know when to enter a trade you’re ready to trade. Instead it’s best to think about the full picture of trading well and what you will do in all aspects of trading. “Everyone has a plan until they get punched in the face” -Mike Tyson Traders who are prepared for the unexpected have an edge. Their edge is derived from the fact that when things go sour according to expectations, they’ve made a decision in advance on how to act so as to not be dissuading by ... (full story)