Its days like these that a set of trade rules that together form a mechanical system really shine.
No emotion at all in the trading.... if its a trade according to the system you trade, and you already know where your exit will be... one way or the other.
There are many advantages to systematic trading... to many to write here, but I see a lot of emotion in posts today....
Consider taking emotion out of all your trades on every day by employing a rule based system.
I have had no trades today..... I did get signals very early in the European session for a small long entry, but in this market I am not taking any longs.... sentiment, fundies larger time frames are all bearish....
just some food for thought
No emotion at all in the trading.... if its a trade according to the system you trade, and you already know where your exit will be... one way or the other.
There are many advantages to systematic trading... to many to write here, but I see a lot of emotion in posts today....
Consider taking emotion out of all your trades on every day by employing a rule based system.
I have had no trades today..... I did get signals very early in the European session for a small long entry, but in this market I am not taking any longs.... sentiment, fundies larger time frames are all bearish....
just some food for thought
.
