Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Ken Wolff who wrote (68)	1/7/1998 11:38:00 PM
From: Ken Wolff	Read Replies (1) of 2120

Rule #6: PAPER TRADE UNTIL YOUR SYSTEM TRADES ABOVE 90% The small investor cannot afford losses. His system of trading must allow him tremendous gains to make a living. Paper trading is an exercise in PATIENCE and in the long run preserves the trader's capital. Every time I try something new without paper trading first, I LOSE. No matter how good it sounds in theory. If it is a solid method, it will hold up over time. I have known traders who were so addicted to trading and were continually TRYING new methods. They wound up confused, frustrated, and broke! Ken mtrader.com

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