How Professional Traders Differ From Amateurs
For years people have swarmed to the Futures markets, hoping to find
the holy grail trading system and to get rich overnight. If you really
believe there is such a thing as the holy grail trading system, then why
don’t more people quit their day jobs in search of this elusive
creature? Part of the reason would be because they are smart enough to
know it does not exist. Fortunately for Professional traders the
dreamers who do believe in a holy grail are plentiful and once one
trading account is blown up along comes two or three other dreamers to
replace them.
Successful trading requires extensive ongoing education, repetition of what you have learned, a back tested and written trading plan explaining your trading style, risk management rules, a well-capitalized trading account, plenty of free time to analyze the markets both post and pre market, discipline to follow rules and the list goes on.
The rewards of being a Professional trader are endless, but the skills to maintain this status is the challenge every profession trader has to fight with.
If there was ever a business where you need
Continue ReadingSuccessful trading requires extensive ongoing education, repetition of what you have learned, a back tested and written trading plan explaining your trading style, risk management rules, a well-capitalized trading account, plenty of free time to analyze the markets both post and pre market, discipline to follow rules and the list goes on.
The rewards of being a Professional trader are endless, but the skills to maintain this status is the challenge every profession trader has to fight with.
If there was ever a business where you need
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