Five Trading Steps

  • 1. Define risk
  • 2. Define a trade style that matches personaility and beliefs
  • 3. Define one or two strategies for choice of style
  • 4. Back test and forard test method
  • 5. Trade with partial risk and earn the right to increase risk.

Friday, July 31, 2009

Quote

The difference between most losing traders and a super successful trader is NOT in the system they are using. It’s in the position sizing and their psychology.

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