To begin todays session, we first examined the age-old clich Dont trade with emotion. For starters, this is not realistic and really shouldnt be attempted. We are not robots and so we should not try and act like one and suppress what is going on inside our head. As discretionary traders, we are not programming our trade criteria and removing our self from the decision-making process as say a quantitative trader would. But while we are not quants we still need to have hard-fastened rules in place to guide our decision-making process and risk-management. A trading plan. This is the first step towards mitigating negative emotions (i.e. fear) and emphasizing positive ones (i.e. conviction


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