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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: SE who wrote (2806)8/30/1998 10:58:00 PM
From: Tom Trader  Read Replies (2) | Respond to of 44573
 
>>I think my first two rules are for a successful trader:

1. You need to know your individual make-up. What makes you tick. You have to know your strengths and weaknesses and build a system of trading around them. You must get yourself in the right mental framework.

2. You must have a solid money management system in place that is followed 100% of the time. Without it, you probably won't make it, in my opinion.<<

Two great rules, Scott--and when you master them you'll be a great trader!! But you'll have relapses on the way to getting there--take it from me!

Talk to you tomorrow