RIP Pikachu.

Let Go of the Results: You really have no control over the results, you have control over the action.

Your goal is to trade and to trade well!  Money is a by-product of trading well.  A very interesting thing starts to happen when you focus on trading well.  Your profits will start to add up a lot faster than they did when making money was your primary goal.  This is simply because traders who focus on trading well cut their losses and let their winners run.  They protect their capital and leave unnecessary risks to others.  They recognise a choppy market and sit on their hands and don’t trade.

Traders who trade well let the market come to them.  They are extremely patient and disciplined.  They wait for the setup and an entry point.   If that setup and a trigger don’t come along they wait for the next one knowing that another chance is just around the corner.  Once in the trade, they mechanically and methodically manage their position, taking profits at specific points, and moving their stop loss to protect their investment.

Traders who trade well don’t trade simply for the excitement of the trade.  They don’t trade out of boredom or when they are sick or tired.  They don’t trade especially if they have stress in their life, believe me I paid a big price and I know this one very well personally.  
Successful traders have a plan and a set of guidelines they follow.

They focus on what they can control, and that is their action.

where the bulls are now

actionable: yum now

Over the door to his office
Thomas Edison had written:

"There are no rules here - we're trying to accomplish something." 

daily view

hourly view

The information contained herein is for educational purposes only and is not, and should not be construed as an offer to hold, sell or an offer to buy any securities.

yum

I have come to respect “gaps” in my nearly twenty years of watching markets; when they happen (especially in stocks) they are usually very important. Notice volume.

When trading......

Mistake.......... what to do with it.

"A man who has committed a mistake and
doesn't correct it, is committing another
mistake." - Confucius

Making mistakes is part of trading. Successful trading is all about minimizing making mistakes and correcting mistakes right away as you realize you have made them. When you can do that consistently your trading will improve materially.

Silver near new resistance area.