Importance of having a plan to execute trades rather than reacting emotionally.

And when you have a plan and you know exactly what you're expecting, when things start to go in motion, you're prepared and you can act accordingly. If you have no plan, you run the risk of reacting to the market. You always want to be imposing your will on the market. I want to buy where I want to buy for the reasons I want to buy. You don't want the market to dictate your plan for you. Have the plan, react accordingly. Don't have no plan and then react emotionally and out of impulse and end up [ __ ] yourself over. So, really we're in this tiny little range here for the last June, July. It's already middle August now.