Concluding Remarks
                       After reading this CHAPTER ask yourself if  you  willdo the following:
                         1.Understand the risks of day trading.                         2.Take no position home overnight.                         3.Act on what the market is  telling  you  and  notwhat you hear  or  read.  Free  yourself  of  any  preconceived  notions  ofimposing your will on the market.                         4.Cut your loss  on  a  position  when  the  marketproves it not correct. This doesn’t mean you wait for your stop to  get  hitbefore you exit.                         5.Work hard at developing a trading plan to  selecttrades, manage trades and exit trades.                          6.Select   the   technology   and   communicationsnecessary for direct access execution.                          7.Manage  the   "Traders   Equation".   You   mustunderstand how when each part of  this  equation  changes  it  effects  yourprofitability. Manage the loss side and your hard work  will  take  care  ofthe profit side
                       These are all cut-and-dry rules. As  boring  as  theyare, they must become the cornerstone of your trading.                       Enjoy your week, re-read this chapter, and next  weekwe will start in on the good stuff.
                       Best regards,                       Kevin Haggerty