Five: If You Can Picture It You Can Create It (5 of 10)
Click here for Post four of ‘What Trading Really Is’ Series By seeing a trade develop you can see in your mind a win or a loss. Self-destructive behavior can be seen in the markets. When the price is moving in front of you, you start to anticipate what the market will do. When [...]
April 27th, 2009Four: Think Of Trading As Points And Percentages (4 of 10)
Click Here for Post Three of ‘What Trading Really Is Series’ We talked about the amount of risk a trader has in the market now it is time to talk about how you feel about money. If you have a big attachment to money then it will cause a big emotional strain when you [...]
April 24th, 2009THREE: Start Out Small Then Add On (3 of 10)
Click Here for Post Two of ‘What Trading Really Is Series’ One of the biggest mistakes a trader can make is to over trade their account. They can trade too much of their account or have two much on one trade. The more a trader puts on one trade the more emotional energy they use. [...]
April 22nd, 2009TWO: A Trading Plan, Having and Using (2 of 10)
Click Here for Post One of ‘What Trading Really Is Series’ Normal 0 Trading any of the financial markets is a one on one activity. If someone is going to do it for you it is you. You will need to follow a trading plan and guess who, is going to have to write [...]
April 20th, 2009ONE: What Trading Really Is (1of 10)
When we trade properly we need to know that we are using the law of probabilities. When you go to any gambling place you are playing with probabilities. The thing you already know is that the probabilities are in the favor of the house. If you think about it they have a license to print [...]
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