Simple is better

When there is no expectations there can be no disappointments. The following 2 posts demonstrate why keeping it simple is a great way to trade. When you don't set profit targets or worry about risk -reward your focus instead is on what you see happening before you. No psychological noise is forcing it's way in and messing up your concentration.

Of course it is a requirement to set your risk before you enter the trade since that is the point at which your decision will be proven wrong, this is something that you can control, but forget about pulling a target number of a hat. Instead use the signals the markets give you that say" I'm finished trending for the moment here, take the profits".

Maintaining your focus is the key to successful trading. Traders need to work hard at this and sometimes it won't be easy. But I know that the less psychological burdens you place on yourself the easier your tasks become.