A good book for traders and one in which I'm honored to have been included is "Traders at Work". "Tim Bourquin and Nicolas Mango sit down with the world’s most successful professional traders to uncover what it… https://t.co/qWxJmHvljB
Trading Rule 8 ~ REDUCE EXPECTATIONS
“Taking smaller gains builds confidence and creates consistency. Baseball games are won by making several good plays and avoiding errors, and the players who consistently make… https://t.co/HQ9a6Gbwql
Trading Rule 7 ~ KNOW YOUR EXITS
“Before entering any trade you must have two (2) exit targets clearly identified. The 1st target to make a profit, where you will exit all or a portion of the trade to lock in a gain… https://t.co/YMXiClrtUa
"Trading Rule 6 ~ BE SELECTIVE
Patience and Discipline are key components of trading success. Being selective and waiting for better entry setups will increase your winning trade percentages. It is not necessary to… https://t.co/44VxMydLwk
“Trading Rule 5 ~ BE COOL
Trade the pairs/stocks that are displaying more consistent behavior where you can discern setups based on actual trends using real strategy rules, which provides you with greater potential… https://t.co/ynihirMCwd
“Trading Rule 4 ~ FOCUS
Concentrate on the major pairs or a small basket of stocks from the major sectors. Consistently track and trade the same pairs/stocks so you become very familiar with their behavior and get… https://t.co/I1xauKeSZB
“Trading Rule 3 ~ MONET for the MONEY
As with impressionist art, when charting you must take several steps back using longer term views to see the actual picture and what is really happening. Review your long term… https://t.co/KCZYvDH6Z4
Training classes and discussions focus on specific strategies designed to take advantage of the pure price and noise-free charting environment the FiboLivePro software creates, using simple to follow rules for both… https://t.co/sp4elml7CG
We maintain an online community with individuals trading together during major market hours and news events. We also teach specific strategies and provide hands-on guidance with ongoing support.
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What is… https://t.co/xpixkCDW25
“Trading Rule #2 ~ TRADE WITH THE TREND
The trend really is your friend and can compensate for an entry which is a bit too early or late. It is nearly impossible to enter/exit a trade at the ultimate low or high, but… https://t.co/vwLPtBSm3K
"Trading Rule #1. COMMUNICATE ~ Become a member of a quality online trading community, where the overall philosophy and methods suit your mindset and plans. Strive to gain and give the maximum benefit by… https://t.co/ZjGcdTbzAB
When I started as a day trader I chose to keep all the money I made in my account as I made it, but typically I’d lose it back & then some. Once I started to take out some $$ as I made it, it felt more real to me. It felt like a job, like a business. That changed my mindset