ONLY THEN MOVE ON TO STALKING YOUR TRADE
Wait for your exact pre-planned entry criteria to be fulfilled before entering a trade, and act decisively as soon as they are. At this point, it should all be quite simple as your entry has been triggered, and you have a plan for how you are going to trade it.
It is just a matter of executing accurately. Failure in this area results in an execution gap. You can be a great analyst but a poor trader by failing to implement your trades in the correct manner or by acting indecisively.
After the trade is entered, you then need to observe the market, and respond appropriately to what is going on. This is where you run your trade management plan (more on this in coming chapters).
If an exit condition occurs for any given trade, you simply follow the steps you have outlined in your analysis phase (again, based on your system trading plan). Anything else that happens, as far as you should be concerned, is just noise to be ignored.
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