5/14/2010
This is a good example on why we do not short the lows after we have 10 minute blue bars. The odds are too great that the low of the day is in. Having your trading plan on the chart can give you confidence in yourself in real-time to either hold the trade longer to maximize for reward and to tell you what NOT TO DO.
Knowing what not to do in trading is more important than knowing what to do, so you are not always fighting to get back to even everyday.
Happy Trading,
www.eMiniSchool.com
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