December 23rd, 2008

Stop The Pain Close the Losing Trades (11 of 26)

You are not a loser because you have a losing trade on. You are, however, a loser if you do not get out of the losing trade once you recognize that the trade is not going to come back.  It’s interesting to note how accurate your instinct is as a market indicator. If, you have [...]

December 22nd, 2008

AND THE WINNER IS….

Thank you to all who participated in our contest. It was a success for sure and we are happy now to award one lucky Jump Start member with Launch Pad for free!!! Also our first 50 particpates like promised will receive a coupon code for 25% off Launch Pad. We will be emailing that to [...]

Develop the Skills to Trade Bigger (10 of 26)

You need to develop the skills to trade bigger. New traders should trade at their skill level not their pocketbook or trading account level.  The new trader should not trade with 10-20 lots per trade just because they have the money.  If you can’t trade one lot successfully, what makes them think that they have [...]

December 19th, 2008

Be Able to Trade Another Day (9 of 26)

You always want to be able to trade another day. If you really want to trade then you should never put yourself in the position where you have lost your trading capital.  One of the most frustrating feelings is when you want to trade and you can’t because you lost most of your trading account. [...]

December 18th, 2008

Develop Your Own Style (8 of 26)

Develop your own style don’t try to be like someone else. You have to be comfortable with the way you trade.  It is very hard to try and trade like someone else.  For example if you get to the point were 50 lots is comfortable to trade do not get concerned that another trader puts [...]

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