If... then scenarios are useful for more than just programming. It may help to get better entries to work on anticipating entries and exits.When you are looking for an entry set up, it often seems to occur quite suddenly.
However many times this set up has been developing over several minutes or longerHaving orders ready to place is one method of cutting down the time of execution and also something which would possibly make you think of what price you would enter at and what you would do if. Several charting programs have the option of a fast playback of a period of time where a set up occurred. Using these to develop a better feel for what you would do and a pattern recognition drill is useful in gaining more confidence in getting up to speed. Often times a breakout is a very fast action and if not anticipated can be completely missed. If it does breakout with volume would you buy? Where would you no longer buy? Would you buy the first flag?
Depending on the set ups you are looking at trading, you can have time to decide these things in advance, so you are not left deciding what you should do when something does occur.
If... then! Not If... then? Look ahead, do your If-thens beforehand, not as the action is hot and heavy.
