It’s a new month

A new month started yesterday. The new month gives another opportunity to start doing things write with regards to our trading. A disciplined trader doesn’t just trade for the kicks or excitement, but treats trading as a business. If you treat your trading as a business then you should keep records of all your trades. Records should include the reasons you took the trade, your entry point, your predetermined exit points, and also your profit and loss. At the end of each month you should be able to produce a summary of the trades you opened and closed during the month. If you haven’t been doing this, why don’t you try it in September and you’ll see how big a difference it will make in your results.


Looking forward, what does the month hold for the markets?

Rather than just add my comments/views on this, I’ll just post the charts and let everyone review and comment on it themselves. Note your comments on paper and you can review it later in the month to see whether you are right or wrong.

All the best