So I have created a checklist of processes that I go through before I make a trade, and I added an important one yesterday.
Before I make any trade I tell myself "Patience, Patience, Patience". Until I say that, I will not make a trade.
This small process definitely impact my decisions. It is really easy to place a trade based on what you've seen the market do in the past, rather than what it is doing right now. In other words, the market today is more important than the market yesterday, so waiting until I see all of the indicators on the current market should determine my trade.
Patience is one of those emotional skills that really needs to be learned to be effective at this I believe.
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