Doing Nothing - I have to learn to do nothing. Learn to be more patient. Watch from the sidelines (rule #1)
Adaptability - . If I'm going to trading these markets my adaptability has to be lighting quick. Take profits sooner. Cut losses immediately. . Closer attention must be paid to technicals (resistance/support levels) in these tough conditions.
Record Keeping - Trade logs and journals must be meticulously kept up to date. This is what separates the pro's from the amateurs.
Greed - exit trades with only small or minuscule profits. (rule 1). Can't afford to fall into the long pull investor mindset in news driven markets.
Capital - Minimize expenses, maximize contributions (Margin, TSFA and RSP) accounts
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