Staying Relaxed

Experience and trading from a plan can help you to make trades in a carefree, relaxed, and focused manner. It is important that you avoid putting unnecessary pressure on yourself. Success or failure is not riding on a single trade. You make it as a trader in the day-to-day trading, learning to be satisfied with what the market hands you.

Avoid thinking you have to be right. You cannot impose your wishes on the market. Don't try to predict the future behavior of the market—plan your trades and trade your plan.

Trading from a plan enables you to maintain your poise. With poise, you can remain in control and you can think rather than react.