There is a misconception about what many refer to as a plan. A plan is really just an intended performance. Trading is dynamic, which means any plan (method) can and should be tweaked relative to the variable dynamics the trader is faced with. Yes, some basic rules of any plan are needed to control the trader, the mkt as a whole is nothing more than an object to project the filtered and distilled mind-numbing ramblings of the players. How many times have everyone heard: "when you get consistent you will get bored doing the same thing over and over day in and day out" Many only wish they might become bored doing the same consistent plan, LOL! Boring can happen if one just places a trade and sits there like a bump on a log and waits for a profit target to be tagged or BE STOPPED OUT FOR A MAX STOP LOSS. THAT is boring. If upon getting filled and a max stop is automatically placed you are not being smart to sit there and let it get tagged. A strategy is fine and a necessary part of any trade plan, but indeed, tactics are what separates a bored person from one that is as dynamic as the mkt itself. Lets say on an average day in a single instrument there might be 6 trades and 3 were wins and 3 were losers. Yet at the end of the day the profits average twice as much as the losers and commissions combined. That result will never happen if one sits there and feels good because the max stops were hit and prevented a big hit. STOPS are placed to prevent a sudden surge in price even if rather tight, but most stops can be less and NEED TO BE LESS that the full pain. Intuition, gut feel, as the price dynamics dance around will do wonders on how to get out of possible losers far more that doing nothing watching your trade get tagged and eating away your hard earned profits. Trading is not boring, the trader can be boring if he/she is not within the trade itself and FEELING IT OUT. Be active, be aggressive, losers are a drag, they will happen but they can be far less painful to the account if finessed.