Reflection for the day.

Reflecton for the day :
1. Seem to be commiting the same beginner trader mistakes again and again :
a. Not letting profit run
b. Setting too tight a stop
c. Getting whipsawed.
d. Entry nervousness.
e. Lack of confidence

2. I have instituted money management rules to my trading and have religiously following the
rules.
a. Setting stops and limits, but especially stops
b. Picking trades with risk/reward ratio better than 1:2.
c. Position sizing and total portfolio risk.

3. Losses are due not to wrong setup :
a. too tight a stop - getting stopped out.
b. closing a losing trade prematurely.
c. Prematurely closing a winning trade.

4. Too anxious, panicky, nervous in long trades. Dont trust the market.
a. Quick to cut loss.
b. Quick to take profit.