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Following the Plan

July 13, 2012

I’m posting a chart, but I’m afraid that despite a 23 point parabolic move, I didn’t find a single entry today. What’s the lesson here? I could have gone long at pretty much any time today and made money, but that wouldn’t have been following my trading plan, and I know that it is by following my plan to find low risk entries that I am able to turn a profit over the long haul.

View Today’s Chart

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