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

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To: David Nelson who wrote (2490)1/16/1998 1:52:00 PM
From: TFF  Read Replies (1) of 12617
 
David: The majority of Day Traders lose. The reason they fail can be attributed to the fact that they are weak in one or more of the areas below:

1) Financial Projections (short/mid/long term)

2) Trading System (mechanical and/or intuitive)

3) Psychology (trader's state of mind)

4) Execution System (software/data/broker)

5) Risk/Money Management System

First determine which areas you are weak in, and try to improve them.
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