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Are You Searching For The Holy Grail In Trading?

Are You Searching For The Holy Grail In Trading?

Are You Searching For The Holy Grail In Trading

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Are you searching for the Holy Grail? As excited as an inexperienced trader is, after losing some money they will buy a system or two and try to follow the market with the help of indicators. These folks do not realize that certain market conditions allow for these systems to work while other times the very same indicators continue to fail.

Most trading methods in terms of Technical Analysis are based on indicator readings but do not take into account market personality or mass psychological behavior. These systems also disregard 'News' which may show in the form of sudden spikes in the market or a change in investor's sentiment. When one systems fails, the trader is out again in search to find another and this cycle repeats itself until the trader is out of pocket or they come across something which doesn't hold for too long and the trader is back to square one.

A financial market is a constant flow of information, a news event or a sudden change in investor's sentiment can leave a trader hopeless with the use of a 100% mechanical system. With a repeat of such events, the trader losses interest never to return back to financial markets or they realize that there is more to trading, such as an understanding of market conditions and principles.

Some of the earlier defeated return back to the markets and continue to look for new systems and even take a step further by mixing and matching different indicators to create a system of their own.. this process always remains in a 'work in progress'. As a trader it is your job to continually adjusting to this change, a market is made up of price, volume and volatility, the successful trader is able to adjust and adapt to this change while all others continue in their search for the holy grail. Try this Dow Scalper System that does not use any indicator and made $24K in just 21 days! You can try this Dow Scalper System RISK FREE for 30 days on your paper trading account. It only needs 30 minutes each day to make profitable trades without indicators!

http://www.articlesbase.com/day-trading-articles/are-you-searching-for-the-holy-grail-in-trading-4552134.html
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