there are three levels of a trader's training.
--
at first level
a budding trader is supposed to
learn the technique of
(1) trading
(2) consistently / repeatedly
(3) with tamed fear
(4) with control over the trade
(5) with cool head
and
(6) profitably
(7) with surety to a reasonable degree!
--
only
after this
the trader reaches
level two of training.
--
in this second (advance) level
he needs to find
safe and effective ways
to leverage
his
proven technique
to build his networth!
--
in the third level
the trader
has to learn to manage
his millions
to keep gliding
like an eagle high in the sky
without much fluttering of wings!
--
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Selasa, 01 Februari 2011
Kamis, 27 Januari 2011
4 simple rules of Richard Dennis (words from masters)
1. Trade with an edge
- Make sure that you have a trading strategy that will make money.
2. Manage risk
- Don’t trade with so much leverage that you risk losing everything.
3. Be consistent
- Do this to reap the benefits of your trading strategy.
4. Keep it simple
- Don’t try to make trading more complicated than it actually is.
- Make sure that you have a trading strategy that will make money.
2. Manage risk
- Don’t trade with so much leverage that you risk losing everything.
3. Be consistent
- Do this to reap the benefits of your trading strategy.
4. Keep it simple
- Don’t try to make trading more complicated than it actually is.
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