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subject: Day Trading Online [print this page]


The ability to develop winning styles is possible for most who trade futures . The problem is, most cannot resist deviating from their styles that customarily win for them . A winner stays with their winning style and knows that this requires patience and perseverance . Learning from a day trading online, a winner has the resilience to continue waiting for the perfect opportunities that his style is made for . A winner is foremost a controller . Loaded trades is where he loves to put his focus . He'll come up with a paper list of reasons he should make a trade. A winner realizes that there are very few sure thing trades he never overlooks great trades and he sits tight on good positions . Discipline pays !

He admits his fallibility , but he is intent on taking a turn and realizes there isn't an easy way to accomplish it . Sound fundamentals are thoroughly assessed by him . Many times, he will talk about all the market aspects he is involved in . A winner acts ruthlessly and smells fear . He analyzes the human element of the market .

His style is outstanding. He is serene, peaceful, possibly quiet . He gives the outward appearance of being bored . (He probably is). His eyes sparkle . He enjoys life, and people . However , watch out if you were to get too close to him or to interfere with his game plan - to attempt getting information from him , or an idea of what he's doing , - to ask him about his opinion on the market,- what will occur! Just try bugging him and see what happens to you . Otherwise, he will shower you with his sparkling ambience . These are the signs of a day trading online graduate.

He has learned to recognize and develop his behavioral skills . He has the incredible self control he needs to over-ride the sterile habits developed and rehearsed for many years .

They are practical. They will never hold a position during a vacation . Sometimes they exit from the market to check on profits, look at the situations again, and get some rest. He learns the success' cause (not his failures). He records its persistence . He knows that the style that pays is the winning one . He knows his place in his environment and he controls it . He understands that a lot of money can be earned by those who can accept the emotional risk of going against universal opinion . He's wary of bucking a trend, but at the same time knows its' golden opportunities . He knows the time to strike, - striking with L analysis of his own and the reaction of the market to fundamentals. Tomorrow's price changes are outguessed by him , [PL charting], because they usually depend upon the news of tomorrow or the news that is anticipated;- weather changes, strikes, or a newly released crop estimate. He has a low aversion to risk because of his awareness and discipline . A day trading online show's that he's practical . You don't have to let him know that those who have low aversion to risk , whether optimistic or pessimistic , are most likely to profit .

by: Charles Drummond




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