How to Make Sure You Become a Profitable Trader

Regardless of your trading style; day trading, swing trading, or position trading there is a simple step by step plan you can use to improve your odds for success.

1. Start by paper trading until you can be consistently profitable on paper.

2. Regardless of how much money you have, start trading with a small amount of money and work up over time.

3. If you are a day trader, avoid the very small time-frames like 1 or 2 minute as you get a lot of signals which can lead to overtrading.

4. Make sure that all your entry criteria are met for the trade setup. Don't jump the gun until everything is in place.

5. If there are no clear signals in the market, then do nothing. Forcing trades alsmost always ends up with losses.

6. Always place your protective stop immediately after entering the trade!

7. In your studies you will be exposed to many techniques. You will improve your results by concentrating on only one or two strategies. Get real good and consistently profitable with them first.

8. Don't watch too many markets or stocks at one time. This leads to too much confusion and indecision about which trade to take.

9. Win, lose or draw don't deviate from your strategies or change things.

This article is courtesy of Dr. Jeffrey Wilde, a trading veteran with 15 years of experience in all major markets. He is a trading coach to over 1400 traders in 38 countries.

For additional info: http://www.win-at-trading.com

In The News:


pen paper and inkwell


cat break through


New Car Loans - How You Buy a New or Used Car With Poor Credit

Consumers buy a new or used car with poor credit... Read More

Buy Now And Really Pay Later!

With UK personal debt breaking through the £1 Trillion mark... Read More

Parent Loans or Student Loans ? What is Going to be Best for My Child?

Parent Loans or Student Loans ? what is going to... Read More

Cash Advance Payday Loans: Yes The Rates Are Higher!

Typically Cash Advance Payday Loans have no credit checks, and... Read More

Payday loan: A Complete overview

From different surveys, it is seen that the number of... Read More

Why Choose a Secured Loan?

Are you wondering why choose a secured loan? A secured... Read More

Get your Dream Car ? Get a Car Loan

You've probably spent years thinking that your dream car is... Read More

Cash Loans: The Good, the Bad, and the Debt-Free

Happiness is what they're selling. Relief from the crushing weight... Read More

Applying for a Loan Online

If you want to apply for a loan online, you... Read More

Bad Credit Payday or Cash Advance Loans - No Credit Check Required

If you are in need of extra cash until pay... Read More

Quickest Payday Loans - Things To Look For in a Cash Advance Company For The Fastest Loan Processing

To find the quickest payday loans, you need to look... Read More

Meeting the Balance of Agricultural Financing

Agriculture loan guaranteesFor better understanding of the agricultural loan guarantee... Read More

Finance Your Home Business: Six Ways Under Your Nose

There are lots of ways to get additional capital to... Read More

What is a Personal Secured Loan?

A personal secured loan is the generic term for a... Read More

Fast Cash Advance Payday Loans - Convenient to Use Online

Online cash advance companies offer a convenient and speedy application... Read More

About Personal Loans

What are personal loans? They are unsecured loans that a... Read More

Bad Credit Secured Personal Loans are Like Desserts-Last Course/Best Recourse for Impaired Credit

Plato said, 'We can easily forgive a child who is... Read More

High Risk Personal Loans ? Revive Frustrated Loan Hunting Attempts with High Risk Loans

Bad credit seems like an unfinished business, you can't shake... Read More

What?s All the Hype about Omni Military Loans?

The average person some time in their adult lives will... Read More

Cash Til Payday Loans - When Is The Best Time To Get A Quick Cash Loan

There are times when a cash advance loan or payday... Read More

Alternative Venture Finance: Federal Grants and Loans

While most companies seeking venture capital initially think about angel... Read More

Loan Options for College Students

You just finished high school and realize you have two... Read More

Guide to Bad Credit Loans

Here is a useful guide to Bad Credit loans. Bad... Read More

Bad Credit Personal Loan - A Pay Day Loan May Be Your Best Option, No Credit Check

If you have bad credit, have an emergency and need... Read More

Secured Loans - UK Overview

Borrowing money has become more and more popular in the... Read More

Payday Loans - Ways to Keep Your Costs Low

Payday loans offer a fast and easy solution to financial... Read More

Get a Low Rate on a Secured Online Loan

Secured loans have become very popular over recent years, with... Read More

Compare Payday Loan or Cash Advance Lenders Online Before You Borrow

Comparing payday loan lenders, also called cash advance lenders, online... Read More

Quick Cash Advance Payday Loan - Get it Free or Cheap

If you are looking at getting a payday loan or... Read More

Are You In The Market For a Car Loan?

Car loans are a tempting way to purchase a new... Read More

Why Choose a Bad Credit Personal Loan?

Listed below are some of the reasons for choosing a... Read More

How to Find a Loan or Mortgage with Bad Credit

If you have bad credit and you are trying to... Read More

Become A Smarter Borrower

With a nation that has in the region of a... Read More