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In order to achieve a
level of consistency
over the long run, you
need to put in little
more effort than
Trading is like any
endeavor that you
may pursue
Off-the-shelf strategy
Something from a book
Strategy from “successful”
trader on the internet
Frequently you see
these people fail
If you don't
consider, test, refine &
sim trade the strategy,
any number of things could
be your downfall
Some guru with a
strategy which works
very well for them could
have missed out a couple
of crucial details
They may also use a
discretionary element
from their years of
trading experience
Markets are
changeable
There are many potentially
unforeseen factors which
could end up being
detrimental to a strategy
All the traders you've read
about that have some level
of success that you seek
have a trading plan that
they follow
KNOWYOURSYSTEMLIKE
THEBACKOFYOURHAND
You must understand
what it is you're trying
to take advantage of in
the market
You also need to
know when the
strategy is not
particularly effective
You need to know
why certain sequences
of price movement
trigger an entry signal
You need to know what
to expect from the
market after an entry,
from both winning and
losing trades
Do all the winners
come when the
market darts in your
direction immediately
after entry?
Does the system work
well in quiet markets
or are fast moving
market conditions the
most effective?
Fast or slow markets?
KNOWYOURPLANLIKETHE
BACKOFYOURHAND
Which time of day to trade it
Knowing how many contracts
Being aware of news releases
TESTIT
It is indeed important
to do more than just
automatic back-testing
Be Systematic
SIMTRADEIT
You need to use a
simulator which is fast
and has a queue
algorithm
"well that works so I'm
going to go for it now"
You must expect the
unexpected
REFINEIT
Retest the trades
you've taken….
Retest the data you've
already back-tested
You can't just guess
that a particular
refinement will end up
being a good one
"Hey, I have plenty of
money to play with”
Think about it…..
DO
THE
WORK!
5 Steps For A Successful Trading Journey
5 Steps For A Successful Trading Journey
5 Steps For A Successful Trading Journey
5 Steps For A Successful Trading Journey
5 Steps For A Successful Trading Journey
5 Steps For A Successful Trading Journey
5 Steps For A Successful Trading Journey
5 Steps For A Successful Trading Journey
5 Steps For A Successful Trading Journey
5 Steps For A Successful Trading Journey
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5 Steps For A Successful Trading Journey Slide 3 5 Steps For A Successful Trading Journey Slide 4 5 Steps For A Successful Trading Journey Slide 5 5 Steps For A Successful Trading Journey Slide 6 5 Steps For A Successful Trading Journey Slide 7 5 Steps For A Successful Trading Journey Slide 8 5 Steps For A Successful Trading Journey Slide 9 5 Steps For A Successful Trading Journey Slide 10 5 Steps For A Successful Trading Journey Slide 11 5 Steps For A Successful Trading Journey Slide 12 5 Steps For A Successful Trading Journey Slide 13 5 Steps For A Successful Trading Journey Slide 14 5 Steps For A Successful Trading Journey Slide 15 5 Steps For A Successful Trading Journey Slide 16 5 Steps For A Successful Trading Journey Slide 17 5 Steps For A Successful Trading Journey Slide 18 5 Steps For A Successful Trading Journey Slide 19 5 Steps For A Successful Trading Journey Slide 20 5 Steps For A Successful Trading Journey Slide 21 5 Steps For A Successful Trading Journey Slide 22 5 Steps For A Successful Trading Journey Slide 23 5 Steps For A Successful Trading Journey Slide 24 5 Steps For A Successful Trading Journey Slide 25 5 Steps For A Successful Trading Journey Slide 26 5 Steps For A Successful Trading Journey Slide 27 5 Steps For A Successful Trading Journey Slide 28 5 Steps For A Successful Trading Journey Slide 29 5 Steps For A Successful Trading Journey Slide 30 5 Steps For A Successful Trading Journey Slide 31 5 Steps For A Successful Trading Journey Slide 32 5 Steps For A Successful Trading Journey Slide 33 5 Steps For A Successful Trading Journey Slide 34 5 Steps For A Successful Trading Journey Slide 35 5 Steps For A Successful Trading Journey Slide 36 5 Steps For A Successful Trading Journey Slide 37 5 Steps For A Successful Trading Journey Slide 38 5 Steps For A Successful Trading Journey Slide 39 5 Steps For A Successful Trading Journey Slide 40 5 Steps For A Successful Trading Journey Slide 41 5 Steps For A Successful Trading Journey Slide 42 5 Steps For A Successful Trading Journey Slide 43 5 Steps For A Successful Trading Journey Slide 44 5 Steps For A Successful Trading Journey Slide 45
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5 Steps For A Successful Trading Journey

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5 Steps For A Successful Trading Journey

- See more at: http://www.netpicks.com/5-steps-trading/

Successful trading all starts with your process and discipline. How to be successful is a long winded trading subject but this video will give you some elements that you can use to get your journey on the road of trading off on the right foot.

- - See more at: http://www.netpicks.com/5-steps-trading/

- Visit our website: http://www.netpicks.com/

- Download the free indicator blueprint: http://www.netpicks.com/blueprint/

- Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs

secrets of successful trading, day trading success, discipline in trading, elements of successful trading, how to be successful in trading,

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5 Steps For A Successful Trading Journey

  1. 1. In order to achieve a level of consistency over the long run, you need to put in little more effort than
  2. 2. Trading is like any endeavor that you may pursue
  3. 3. Off-the-shelf strategy Something from a book Strategy from “successful” trader on the internet
  4. 4. Frequently you see these people fail
  5. 5. If you don't consider, test, refine & sim trade the strategy, any number of things could be your downfall
  6. 6. Some guru with a strategy which works very well for them could have missed out a couple of crucial details
  7. 7. They may also use a discretionary element from their years of trading experience
  8. 8. Markets are changeable
  9. 9. There are many potentially unforeseen factors which could end up being detrimental to a strategy
  10. 10. All the traders you've read about that have some level of success that you seek have a trading plan that they follow
  11. 11. KNOWYOURSYSTEMLIKE THEBACKOFYOURHAND
  12. 12. You must understand what it is you're trying to take advantage of in the market
  13. 13. You also need to know when the strategy is not particularly effective
  14. 14. You need to know why certain sequences of price movement trigger an entry signal
  15. 15. You need to know what to expect from the market after an entry, from both winning and losing trades
  16. 16. Do all the winners come when the market darts in your direction immediately after entry?
  17. 17. Does the system work well in quiet markets or are fast moving market conditions the most effective?
  18. 18. Fast or slow markets?
  19. 19. KNOWYOURPLANLIKETHE BACKOFYOURHAND
  20. 20. Which time of day to trade it Knowing how many contracts Being aware of news releases
  21. 21. TESTIT
  22. 22. It is indeed important to do more than just automatic back-testing
  23. 23. Be Systematic
  24. 24. SIMTRADEIT
  25. 25. You need to use a simulator which is fast and has a queue algorithm
  26. 26. "well that works so I'm going to go for it now"
  27. 27. You must expect the unexpected
  28. 28. REFINEIT
  29. 29. Retest the trades you've taken….
  30. 30. Retest the data you've already back-tested
  31. 31. You can't just guess that a particular refinement will end up being a good one
  32. 32. "Hey, I have plenty of money to play with”
  33. 33. Think about it…..
  34. 34. DO THE WORK!

5 Steps For A Successful Trading Journey - See more at: http://www.netpicks.com/5-steps-trading/ Successful trading all starts with your process and discipline. How to be successful is a long winded trading subject but this video will give you some elements that you can use to get your journey on the road of trading off on the right foot. - - See more at: http://www.netpicks.com/5-steps-trading/ - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs secrets of successful trading, day trading success, discipline in trading, elements of successful trading, how to be successful in trading,

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