Then along comes a good trade

As I said in my last post, sometimes trading can be frustrating, but it is usually not long before a good trade comes around. For example yesterday on the 5min FT (Russell Index), this TS£ buy nailed the low, just before a nice rally.

Using the standard trade management guidelines, would have produce a nice +3R Profit (ignoring slippage and commission).

Amateur traders often get frustrated after a loss and as such miss the next (good) trade, and as such end up in a spiral of defeat. Professionals learn to trade without emotion and just follow their trading guidelines.

Thanks, Steve