There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits

Wednesday, January 15, 2014

SECRET


This formula explains how and why successful traders make money.

S - Small losses (you must strictly control losses)
E - Extended Profits (you must let your profits run in order to give you big profits)
C - Consistency (you must have a method that you apply consistently)
R - Risk/Reward (This is VERY important:)
E - Edge (You must have an edge and understand it clearly)
T - Trade Plan (You must have a trade plan which translates your edge into a plan)

If you master the SECRET formula - you will become successful. If you don't then you are gambling, not trading.

Article Source: http://EzineArticles.com/8226704

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