Mudd,
At first I just dismissed your statement here. But My mind would not let it go. So after thinking about the implications of your statement I think I understand what you are saying. Your trading plan is originated when the market is not open. You set your orders based on that plan (not using market orders).
And then you are able to concentrate on the present conditions, without regard to planning trades on the fly... No crystal ball, just very good planning and execution....
All tell ya that one is going in my file... thanks much, Scott
At first I just dismissed your statement here. But My mind would not let it go. So after thinking about the implications of your statement I think I understand what you are saying. Your trading plan is originated when the market is not open. You set your orders based on that plan (not using market orders).
And then you are able to concentrate on the present conditions, without regard to planning trades on the fly... No crystal ball, just very good planning and execution....
All tell ya that one is going in my file... thanks much, Scott
Quoting MuddBuddhaDislikedMy orders are already in place at the beginning of the week....I have no thought timing at all. If the level is hit, it's hit.Ignored
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