I work with a fairly detailed set of trading rules that I have worked out over time, and when I didn't have a hot position at stake (i.e., as objectively as possible). I call it "the Playbook".
My rule of rules is, "if it isn't in the Playbook, don't run it."
But...being human...I sometimes do a little "freelancing"; and it really amazes me how often those freelanced plays leave me in a worse position than if I had followed the Playbook.
I was just curious if you guys have the same experience of almost always getting burned when you break your own rules?
saxon
My rule of rules is, "if it isn't in the Playbook, don't run it."
But...being human...I sometimes do a little "freelancing"; and it really amazes me how often those freelanced plays leave me in a worse position than if I had followed the Playbook.
I was just curious if you guys have the same experience of almost always getting burned when you break your own rules?
saxon