Never Marry A Trade!
May 1, 2013 at 9:53 AM (DIA)(SPY)(QQQ)(FB)(GLD)
Marriage Belongs in the Home NOT in Your Trading | 
Coaches Corner Episode #15
- Strong unwavering conviction
 - Lots of research
 - Fulfilling set-up criteria
 
- Trade moves in your favor
 - You are positive money
 - All seems to be going the right way
 - All criteria is still in play
 
- The trade reverses in the wrong direction
 - It goes negative money
 - Gets closer to the stop
 
- Beware of the trader and what’s REALLY happening?
 - Reassess the positions criteria
 - Determine if staying in is appropriate or you should exit and re-enter
 - What caused the shift in direction
 - Exit if it’s just not working
 - Determine the “time” you usually stay in the trade
 
- Stick to your plan
 
 
www.robindayne.com
No media reproduction unless permission from RDI.
trading coach,  
trading psychology  in  
trading psychology  







Reader Comments