Successful Investing – Be Wary of Other Investor’s Opinions
As an investor you’ll have a set of investing rules that you follow. These rules will govern when you buy, when you sell, and when you hold your positions. They’ll be based on your own hard earned experience in the trenches and, if you’re honest with yourself, will become more valuable and accurate with every good and bad investment decision you make.Successful Trading – How to Develop Trading Rules
Do architects start from the beginning every time they draw up the plans for a new building? Do civil engineers forget everything their education and experience has taught them at the beginning of every bridge building project?Successful Trading Tip – Follow a System
All successful traders have a system of making trades that prevents them from making the emotional decisions that doom unsuccessful traders. Creating, monitoring, and improving a trading system is one of the most important things an amateur trader can do to deserve to be called a professional trader.
For every action upon which you embark and for every decision you make you must realize that you, and only you, are responsible for the outcome. Successful traders don’t blame others or the market or the weather or anything else for the consequences of his or her trades.What to Day Trade
A short article about the benefits of trading futures versus equities if your are planning on day trading. The pluses and minuses of futures trading. Some information about how to get started futures trading.