Tuesday, August 5, 2008

A stop is hit

OOOOOOOOh trading can be so frustrating! Got stopped out of RMD for $500 loss.

That's $1k realised loss over the past week.

Honestly, sometimes I feel like giving up BUT I won't. And nor should you if you are trading to a strict trading plan. Cut your losses (which is what happened with RMD), let your profits run and don't become emotionally involved with any of your open positions.

If you need help with writing a trading plan have a look at Guide to Writing a Trading Plan. It's currently $19.95 with bonuses. I haven't personally seen it, but I know there's a 60 day 100% money back guarantee, so if it's not helpful, just ask for a refund.

If you do buy it I'd be interested in what you think. Just reply to this post.

Anyway, I'm going back to banging my head against a brick wall. Only joking of course, but it does feel like that at times.


until the next post
Sharon

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