With the next Fed meeting coming up before the end of this month and with the stock market in the thick of earnings season, there will be plenty of angst and surprises left to move the markets. You don't have to miss out on the action if you have an investment or trading plan that protects you from emotions that usually keep us stuck in the quicksand of indecisiveness. We've witnessed a period of dramatic government gridlock and ominous, stormy "seas" that the undisciplined investor/trader could have used as a powerful excuse to keep all ships in port. If you did nothing the past two weeks because you don't have some reliable disciplines or strategies with which to enter and exit the markets, hopefully this article will empower you for next time. Becoming a profitable investor/trader is a learning experience that takes time. If you're fortunate enough to have mentors like Jim Cramer and Stephanie Link, and you use an alert system like TradeStops, you'll be better equipped to overcome your fears and greed in favor of decisive, proactive forward steps. As Kenny Rogers song reminded us in "The Gambler," "You've gotta know when to hold them, know when to fold them, know when to walk away and know when to run...You never count your money while you're sitting at the table, they'll be time enough for counting when the dealing's done." At the time of publication the author is long MSFT.
Follow @m8a2r1 This article was written by an independent contributor, separate from TheStreet's regular news coverage.