The 25 Point Discipline For Day Trader - #3 And #4

I continue my post about The 25 Point Discipline For Day Trader. And below is the 3rd and 4th point
 
#3 ALWAYS LOWER YOUR TRADE SIZE WHEN YOU’RE TRADING POORLY.
All good traders follow this rule. Why continue to lose on five lots (contracts) per trade when you could save yourself a lot of money by lowering your trade size down to a one lot on your next trade? If I have two losing trades in a row, I always lower my trade size down to a one lot. If my next two trades are profitable, then I move my trade size back up to my original lot size.

Today's Forex Prediction - July 22, 2010

Today's EUR/USD :

• MAX : 1.2758
• MIN  : 1.2671

Yesterday Prediction (July 21, 2010): 

• MAX : 1.2957
• MIN : 1.2833

Yesterday Actual (July 21, 2010):

• MAX : 1.2914
• MIN : 1.2728

Yesterday Error :

• MAX : 0.33 % (+43 pips)
• MIN : 0.82 % (+105 pips)

Average Error (Until July 21, 2010):

• MAX : 0.21 % (16 pips)
• MIN : 0.42 % (54 pips)

Use with your own risk!!!
Predicted for July 22, 2010 at 00:01- 23.59 GMT