Do
you have experience trading or even if you do not, here are some tips
that I have learned from one of the roughest schools in life. Which school would that be? Why would the school of hard knocks. Yup, the lessons were painful and expensive, but got into the lesson very well. So hopefully these tips will save you the pain and financial lessons I had to endure.
1.Trading is simple, but it is not easy. If you see yourself having a future in this sector, forget about "hope" and stick to your stop loss.
2.When you open a trade, looking for signs that you were wrong. If you see them, then get out before you stop loss is executed.
3.Don opens a box just because it is cheap. The only reason to open a position if the underlying value looks like a decent move to make out.
4.good trading should be boring to do over and over again. Just the same If there's one thing I guarantee on the market, it's that 'thrill seekers' or adrenaline junkies get their accounts grounded in little bits and pieces.
5.The watershed when amateur traders turn into professional traders when they stop searching and hoping for the "next great technical indicator" and start managing their risk on each trade.
By Brian Lee
Learn how to make 100% annualized return!
1.Trading is simple, but it is not easy. If you see yourself having a future in this sector, forget about "hope" and stick to your stop loss.
2.When you open a trade, looking for signs that you were wrong. If you see them, then get out before you stop loss is executed.
3.Don opens a box just because it is cheap. The only reason to open a position if the underlying value looks like a decent move to make out.
4.good trading should be boring to do over and over again. Just the same If there's one thing I guarantee on the market, it's that 'thrill seekers' or adrenaline junkies get their accounts grounded in little bits and pieces.
5.The watershed when amateur traders turn into professional traders when they stop searching and hoping for the "next great technical indicator" and start managing their risk on each trade.
By Brian Lee
Learn how to make 100% annualized return!
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