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Jul 23, 2011


This is the trader’s ability to attend to the smallest details of his
or her trading plan. I believe a trader must have rules for
entering and exiting a trade before the trade is made. In the
beginning these rules can be in the form of a checklist wherein
before each trade all the details of your rules are checked and
verified. With time, the rules become such as a part of your
psyche that the checklist is in your head and can be confirmed
with quick precision. The key is to never change the rules. When
the rules stay the same your mind will not be able to play tricks
on you.

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