Every trader needs one. Do you know what it is?

[caLLLendar]

#2 Merely "Having a Game Plan" does not give you discipline. Having the integrity to follow the game plan is the "discipline". Much like dieters discretionary traders break the rules of their game plans. Unlike the dieters, the traders don't "fail to lose". LOL In this regard, automated trading is superior to manual trading because software follows rules automatically . . .whereas manual traders need videos like this one to remind them to follow their rules.

[caLLLendar]

This message is wrong in 2 distinct areas. 1. If you set a stop AT the price you buy (X) you will get stopped out of position often. Your account will get eaten up by commission costs. The stop should be set somewhere lower than the buying position. Some say 7%, but it depends on the asset. . . .

[jgray110]

Nobody's going to give you their complete trading system, we're dreaming, but it still comes down to #1 Manage Risk (use stops period), #2 Manage Reward (everybody's differenbt, pick two indicators GOFORIT), #3 Repeat 1,2 (loop discipline)

[spacetriplover]

what an idiotic ideas! all he says is so f... obvious. I can do it yoo..

buy cheap , sell for more

rule # 2 stop loss

rule #3 when you are insider or a billionair you make a lots of money - otherwise you will get fu... big time 9 times out of 10!!!

think - when someone makes money - someone elses looses - its that simple!!!

unless you are JP morgan, Goldman etc dont waits your rime and money!!!

good luck

[braileanul]

i found a mistake !!!!!!!! :D

second board first what market and SECONDLY what price

you cannot set 2.08$ and then look for what stock or product match your 2.08$, wouldn't you???

now i want my prize :p

[A550RGY]

Good info, but it could've been delivered in 1 minute instead of 6, if everything was just written out to begin with. :)

[BBCcashville]

Discipline sounds good.. I got it..lol

[stage4turbo]

nooo! why do you mess with ppls heads?

[Mindaugasx]

very nice

[atomicdog77]

Thank you