If you want to be a winner trading in the long run there are THREE
elements of trading that you must have in place. If you do these three
things you can not lose in the long term, if you are missing one you
will likely not last very long as an active trader. These three simple
things work together to keep you profitable in the markets.
A Robust Methodology
You
must trade a WINNING trading method: Your trading system must be valid
and profitable through past markets. The best way to win in the markets
is to have a method that
identifies potential trends and gives you entries and exits that put the probabilities
on your side for winning trades. Many times these systems will have
huge winners that pay for all the small losses and
make you profitable.
Regardless of time frame the primary thing all traders are
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