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Sound like more of a plan but really what ever works for you...i imagine in Poker that one of the edges a player has is knowing the statistics of holding a certain hand, the probably of a certain outcome, we all sort of do that in the stock market too its just that there are more variables and more methods of calculating the probability of outcomes.

Certainly we get a lot more time to think about it...if your not day trading anyway...a lot of my success i put down to what i learnt over many years of race punting and casino gambling, stock market gambling is a much easier way to make money.

STOPS: I don't use stops and consider that to be a part of my edge and an advantage over other market participants that do, and for others its the opposite with stops being a part of their edge and a major reason why they are able to participate in the market profitably.

SENTIMENT: I learnt the hard way during the GFC about sentiment, its all powerful, its the crazy element of the market, and yet for the TA guys probably a little irrelevant. :dunno:

FLUFF: Is stuff that's not relevant to what your doing.