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Another important step is visualisation or mental rehearsal using your imagination. Your mind acts like a goal seeking device and the process of visualisation provides a target to are designed for. If you fail to give your mind a target it will default to using the input from your senses to manufacture a target and will eventually simply deliver more of the items you already have. If you use your imagination to make a rich image of what truly and include emotion this particular have your whole mind on your side towards objectives. I have incorporated this in the trading Journal I in order to previously contained in the daily means.
Do not necessarily afraid to indulge yourself with quite a few your proceeds. If you come out ahead, immediately liquidate with the the money you well deserved. There is nothing wrong with enjoying your financial success.
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While I’ve multiple styles, I would characterize myself primarily like a momentum trader that banks on tape reading to identify favorable risk/reward situations enter in in the direction of one trend.