Secret 15
Never trade when sick or tired
Good health is essential to success. If you don't feel well, then close out your positions and start over again when you do. Rest is equally essential to success. It is a good idea to close out all your trades periodically, get entirely out of the market, and go on vacation. The market will still be there when you return; trust me. I've heard over and over again from some of the most successful traders that they trade their best right after a vacation. If you stick to something too long without rest, your judgment becomes warped. Traders who are continually in the market day in and day out lose their perspective and ultimately lose.
Get Trading Commodities and Financial Futures: A Step-by-Step Guide to Mastering the Markets, Third Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
