The One Thing Every Trader Should Have In Their Trading
The One Thing Every Trader Should Have In Their Trading Back on January 17th, 2008, we posted a blog about the 6 things to leave out of the market. They are: Emotion: Wanting the market to go a certain way. Revenge: Some people think they will get even with the market… Anger: People will get [...]
August 24th, 2009To Trade Disciplined That Is The Only Question
To Trade Disciplined That Is The Only Question Personally,I think discipline is the first thing we should learn before doing anything,not just forex.But it is very hard to get discipline for yourself. If we are not disciplined in our daily living and as a human being. Than we will never be a disciplined trader. We [...]
August 21st, 2009SUMMARY 12 of 12
1. Vision of why you are trading and where you want to go. Identify the strategies and tactics you will use. A trading plan is a tool not just an exercise 2. Select the time you will trade, the time frames you will trade on (long or short term trading). Then pick out a set up [...]
August 19th, 200911. Get help from a trading expert. 11 of 12
Building and executing your trading action plan can take weeks or months. If you want to build and execute in half the time, without tedious manual effort, check out the instructions on how to write a trading plan from the instructions in launch Pad. The instructions on our trading plan will walk you through every [...]
August 17th, 200910. Forecast the time to hit your target. 10 of 12
With your strategy in place, you can set time lines to hit those milestones on your way toward your target. Track actual results against your plan so you can adjust your strategy as you go and measure your success.
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