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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Robert Graham who wrote (1324)	6/30/1998 6:12:00 PM
From: Patrick Slevin	Respond to of 44573

It appears the TSO thread is in somewhat of a disarray. Anyway, the "key to success" issue is the next in your author's line. Well again he likes to stretch it out to as much as 20 minutes....tough time mentally for a day trader. I see that he wishes to provide advice for someone who trades with a 20 minute time horizon but if a few of those horizons get beat up in a row it's a tough discipline to follow. After reading this a few times I'm more prone to think that, if you are going to lose, you are going to lose. Fighting it is foolish, you are fighting reality against what you believe. I'm not quite certain what the point is but he said earlier on if the trade is going against you then you get out. Taking notes and whatever is not going to help with respect to the original plan. The original plan is, take a winning trade. If it's not a winning trade, don't take it. I think Will Rogers said something about that.