Dear Diary,

So I now have a decision to make on which SL positioning I prefer! I guess that is why I like trading so much. It is not following a formula or doing the same thing as everyone else every
day. There is so much room to make your own call and judgement on things which I find really interesting and appealing. I am finding this course is giving the framework to be able to trade well but not telling me there is only one way to do it. Which has to be true as everyone has a different system. This will let me decide my own variables but within a structure that has been proven to work. That is such a relief as I have been hunting around for the approach that suits me and I can work with and not someone telling me their way is right but you have to do it EXACTLY as they tell you or the sky will fall in.

This is a bit harder as it leaves you to do some of the thinking and deciding but then at least you devise something that meets your personality and you can have complete confidence in – as you built it from the parts you know make sense and can understand why they are part of the approach….so therefore makes it worth the effort.

Speaking of effort; One thing I do find useful is making sure I do not get stuck to the computer for too long when I get home. I allocate a set time for reading and making notes on another part of the lesson and another portion of time to watch the charts and demo. Once that time is up I walk away as can easily find myself overdoing it, forgetting all I learnt and risk becoming a hermit. Finding a balance is important and this has helped me make the most out of the lessons as I am fresh and ready to learn each time. I am still putting in plenty of time as that is important but have to draw the line at the point when it becomes unbalanced with other commitments.

Just enough time for a couple of trading thoughts of the day – see you next time 

A market analyst is an expert who will know tomorrow why the things he predicted yesterday didn't happen today! 

October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.

Mark Twain

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