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of trading. In the day trading game, the primary factor that will determine your success or failure is what's between your ears. That said, there are many different styles that can be used in day trading. It's important to define your trading style as early as possible in your day-trading career, because it will have a direct bearing on a number of important elements. For instance, your trading style will dictate the type of brokerage account you'll need, the type of trading software you'll use, the sort of training you'll need and the kind of mentor you may seek. Each style is a variation on the ...
I feel anger about myself for not following my plan, for allowing a bad trade go farther against me than it must. Usually when a trade is going into the red, I get that feeling: Out, this trade is not going to work. Stop out now, before I get's even more costly. I think we all can agree, that having a clear head while trading, that being able to analyze a situation objectively without emotion is important to trade profitable. But no emotion at all won't make sure, you become a profitable trader either. Brett Steenbarger starts his new book " Enhancing Trader ... Read More
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