Consider this rule of trading...
controlling emotions and mental preparation is of paramount importance. all the sophisticated indicators and charts will not fetch money, trade in itself is art. it is art of interpreting " what is going behind the chart" . I am not a great fan of automatic trading, by this you cans make few bucks here and there but not big money.
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Hi Traders
Think, analyze, and create BEFORE the trade. During the trade only follow what you though, analyzed and created before the trade. Before you enter the trade you are cool and balanced, you are thinking logically. During the trade you are under fire since money is involved. You are under pressure. What makes you think that you can make better decisions under intense fire then when you are calm and balanced? You can't. That is why you planned the trade before hand. Follow your plan....