Thursday, August 27, 2009

Missed setups

Today *thinking* kept me out of perfectly valid setups. I am listening to others thoughts on the condition of the immediate market. This is not useful as I already have a stand alone method which does not require the opinions of others to enter. If I am already in a profitable trade and sentiment seems to be shifting based on some popular market commentators, I might take it into consideration. 

Ultimately the decision to enter and to exit the market should be based on what I am looking at on the chart. After all, it has proven itself worthy of my attention. No reason to deviate from it.

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