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20170105 – CL – Again – Missing Trades Because Not Able To Get Into Multiple Set-ups Happening at Almost Same Time in Other Markets

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Had a difficult time here with being too "Eager" to get into a Trade when resistance was still to far away on the losing Trade. The losers aren't the issue, its following my Trading Plan that clearly states that if a planned Trade is missed, that you "Phantom" Trade it, until a Core Trade (NOT a Pattern Trade) Sets up as a valid Trade OR an add-on Trade. See what happens when you break the rules (as punishment is what should happen because rewarding any Trade Plan deviation actions, would only be mentally worse in the long run)!!!

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Just another example of Trades shown according to the TFT Trade Plan that is now almost completely posted in its own section for Members Only.

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About the Author
John Karnas has been trading since the tech bubble days of 2000. Now, as owner of TrendFollowingTrades.com, John tries to lay out a clear path to success, taking into account all of the mistakes that he made during his career in his early days of Trading. Click to learn more about John.