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Wednesday 8/19/09 (4.05)
Today was 100% better than yesterday because I actually took a trade. However I took a market order trade. It was an impulse trade and it didn't meet any of the requirements I look for in a trade what-so-ever. The reason I took a trade on impulse is because I'm having a difficult time not letting the results of specific trades affect my mindset. Therefore I started today's session with the improper mindset that I'm going to take a lot of trades no matter what. What I need to do is take allot of trades.... but have them be trades that meet my requirements. 95% of the time that means I'm executing limit orders and not impulse market orders.
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