4 Mistakes in Strategy Trading and & Four Principles of Successful Trading!!!

Why do successful traders keep making money year after year, while newbies lose everything within the first few months? What is it that most beginners get wrong? How do successful traders know what's right?

In fact, we have been asked this question so many times, that I have finally decided to write a trading report; a report that will give you straightforward and easy-to-follow advice on how to become a better trader.

You will read about major mistakes that prevent traders from making money and learn the basic principles that took successful traders years and thousands of dollars to discover. All the facts in this report are based on years of observation and can be easily verified.

Have you ever felt like you have finally learned how to predict market moves after a winning trade? And then felt desperate only a few days later - after a devastating loss?

Just imagine that after years invested in trading you still won't be able to understand how markets work. How frustrating would that be?

How quickly do you think you could recover from heavy losses, if at all?

Why Are Beginning Traders Particularly Vulnerable

Today's markets are becoming increasingly efficient. To survive in this highly competitive environment, unconventional tools and methods are called for. However, contrary to common sense, beginning traders don't even try to use the latest market analysis tools. Instead, they use methods that worked quite well 30 years ago but are totally useless nowadays

Institutional players, on the other hand, are equipped with state-of-the-art methods and technologies. Trading futures is a zero sum game. In this game, newbies invariably fall prey to the more advanced players.

$45,000 Spent Just to Discover That a System Doesn't Work

Things You Must Do at a Minimum to Protect Yourself from Common Mistakes:

Step#1: Don't Trust Any Trading Ideas
Step #2: Learn From Those Who Really Know How to Make Money While Trading
Step #3: Run Multiple Tests of Your System under Various Conditions
Step #4: Don't Miss the Benefits of Optimization for Fear of Curve Fitting
Step #5: Trade Several Instruments to Ensure Consistent Profits
Step #6: Automate Your Trading Method to Avoid Errors and Routine

MAIN ADVANTAGES

1. Earn Money While Sleeping
2. Cutting Out Emotions.
3. Performing Backtests

MAIN DISADVANTAGES

1. Human Judgment
2. A Need For Favorable Market Circumstances
3. Monitoring

The best advice I can give to beginning traders is the following points.

1. Find as many successful traders who have been around awhile and learn exactly how they trade.
2. Learn as much as you can about each of their trading styles because what one person does might not work for you and vice versa.
3. Learn strategies that make sense! If you're going to buy options make sure they're deep in the money.
4. Have a plan to get out and minimize risk. In other words, know what the worst case scenario is before you even enter the trade.
5. Make sure you can make enough on each trade to justify being in the position. In other words, if your think there is a 50% chance you will win a particular trade and you can make twice as much as you're risking, than that makes sense!
6. Learn position sizing! Never ever risk more then 3-5% of your portfolio on any one trade. I never risk more than 2% and that is very rare. I usually risk.5% of my account per trade.

To sum it all up, there are many ways to make extra money. I believe trading is one of the best. It's rare to find an opportunity that can have a plan behind it where are the scenarios both positive and negative are understood. If the good vs. bad scenarios make sense with that plan than that's a plan that will work over time.

You can also start making money fast by buying options. The most important part of option buying is you have to have to know exactly which options to buy. You don't want to buy the wrong options because you'll lose all of your money!
Goal - To Become an Excellent Trader
Excellence is a mark you could earn in whatever you choose to do not bought. Making money from currency trading is something that requires you to deliberately carry out certain elements of success and commitments. Make no mistake about this; the currency market is unkind to the lazy, disorderly and disorientated people. Those who have little regard to a structured approach and work ethics never make it. Therefore, to succeed in this field you must position yourself against those attributes.

There is no mystery in forex trading. You too can make it too. Everyone who is successful in forex trading has paid the price at some point, which you don't know about. There are key questions and decision you must conclude before starting out on this journey. For example, what do you need to do to become a great trader? What price are you willing to pay? (I'm not talking about your costs; there is a huge difference.) If so, have you paid it in advance?

Do You Want to Learn How to Earn Money by Trading in an Excellent Manner Then This is for YOU!!!
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