DeltaHotel

Five Behaviors for Making Money Now

Fantastic advice Brett - hit the nail on the head! I cannot agree more.
Your last point (about waiting for the markets/stock to put in a new high or low before putting on a position) is so true.
One of the best adages I have heard, goes like this "Don't be impatient and go rushing out looking for any old trade but wait for the trade to come to you". This has been my golden rule, and so far I have been consistently profitable for 10 consecutive trades.
As you say, there are ALWAYS opportunities arising in the markets, so don't be annoyed if you've "missed" a trade, there'll be another 10 just around the corner. Patience is key.
Good luck and successful trading.