Planning Your Dive and Diving Your Plan - Trading!

A co-worker of mine just returned from a aqualung diving event trip in
Cozumel, which just haps to be one of my favourite topographic points to
dive. Anyway, she was telling me about an unexpected difficulty
she encountered while swimming around the corral reef down about
85 feet. It wasn't anything serious but her narrative reminded me of
something my aqualung teacher used to state over and over again. "Plan your dive, and honkytonk your plan".

When you're toss off about 90 or 100 feet the nitrogen Acts on your
organic structure in a manner that's not too dissimilar to having one dry
martini on an empty stomach. It's called Nitrogen Narcosis,
Ecstasy of the Depths, or Martini's Law. So the thing to make is
get your planning done while you have got a clear head, (i.e. on the
surface). And then when you're deep into it, and you're feeling
a spot euphoric, or nervous, you don't have got to make any decisions
about 'what' to do. You just follow your plan.

This throws true for trading as well. When you're feeling the
euphoria or jitteriness set in, retrieve to follow your plan. And, uhm yeah,, also have got a program to follow. Clear caputs will
prevail.

Years ago I had the good luck of talking with a trading guru
for respective hours. This individual is human race celebrated for his
trading saavy and skill. What he elaborated in that
conversation had a enormous impact on me. helium said that when
he learned how to merchandise that his household enforced only one rule
that he had to follow. KNOW WHERE YOU ARE departure TO GET OUT
BEFORE YOU GET IN. He felt that the problem that most traders
had was that they felt that this simplicity did not apply to
them. I retrieve sitting and speech production with him and thinking
about my ain mistakes, primarily letting hope take over in my
determination making.

Many bargainers believe that crying "UNCLE" on a trade and taking a
loss is unacceptable. Since that conversation I have got got taken
numerous losings on trades but it's funny how they don't have the
sting that they used to because I plan MY honkytonk and DIVED MY PLAN.

This is really simple and incredibly workable. Apply it to your
ain trading and investing.

-Downjonesfully,

Harald Anderson
http://www.eOptionsTrader.com