Random Thoughts
Well, It's that time of year. A time to look back at the year and more importantly, to look ahead to a new year. Are you going to be the great trader in 2017 that you were meant to be? Or, are you going to fall into your old habits? Keep these 17 Trading Resolutions and I can all but guarantee you a prosperous 2017.
1. I will only take trades when conditions are conducive to my methodology.
For a trend follower that means that the market is significantly higher than it was (or lower for shorts). If the market has been trading sideways for months, I will only take trades that I truly feel can somehow excel in spite of lackluster conditions.