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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote ()10/7/1997 9:08:00 AM
From: TFF   of 12617
 
WARNING: In the world of daytrading a trader will trade thousands of trades during his carreer. During that time she/he will encounter every type of situation imaginable. Out of the large number of traders who begin trading every year, a good percentage will start off on a hot streak.

Unfortunately, this is the worst thing that can happen to a new trader, because he will become complacent and forget the reality of trading. Many new traders who get off to a fast start fail to follow the time tested rules of trading and take more risk than is prudent.

The end result is a trader who gives all of his/her early gains back, only to realize how little he/she knows about trading. At this point
the trader will either throw in the towel or start fresh by learning and listening, and realizing that the daytrading road is not paved with gold - but countless failures of those gone before him/her.

Long live online trading!
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