LESSON

LESSON: Don't be stupid and give your money away trying to guess on entries. Wait until a setup triggers. We "thought" Corn was going to roll over on a pattern we saw but no dice. If we would have "reacted" and shorted we would've had a quick loss. Using a trigger to identify the entry - RISK - and targets will keep you in the game and help you achieve your long trading desires. If you don't use triggers than YOU NEED TO START. First, identify your trigger (s) and write them into your trade plan. No trade plan? Ok, you will blow your account quickly so start with the trade plan!


PREVIOUS CORN POST: Still looking for a trigger in Corn. Nothing yet. If price takes out the highs we will take it off the watch list.