Learn to Flawlessly Execute Your Trades

If you struggle to actually pull the trigger to enter a trade, even though your system, edge or brain maybe shouting "Enter, Enter, Enter!!!" then you are not alone. Of course when you don't enter and you should have done, you then watch as the trade pans out beautifully! Why are the ones you miss always winners?!

This actually is a common problem among traders and one I have had first hand experience with.

Luckily I've sorted it out in my trading but for any of you still occasionally not being able to pull the trigger here's a pdf excert from trading jedi himself - Mark Douglas - discussing the matter which I thought you might appreciate...

Thanks for posting will take a look.

Thank you.
This is by far the hardest obstacle I have encountered in trading. Hopefully this will help me get over it.

My biggest issue is pulling the trigger to take profit. It's not really a matter of being greedy, but unsure of whether my trade had reached its highest potential. Just like said before: when you don't pull the trigger, those are usually the winners. Typically, when I do pull the trigger, they become bigger winners. I am getting use to forex technicals.

Anyone have any simple systems or indicators they like?

Cheers

Yeah there is an exercise at the end of the article which might help...

Good luck!

awesome

This was definitely one of my problems, and thanks to reading market wizards, and seeing the boldness expressed in the pro's, I have steadily practiced following my analysis.

Looks like the fruits of my labor did not go wasted, as this morning I bought against a huge red candle on the aussy (because my analysis told me to buy here), and it ended up retracing allowing for my buy trade to enter at the perfect bottom.

Feels good

Now as for those other faults of mine... what a long road ahead lol