Getting educated...................

[BlackMonday]

Evening to you.
Having tried to teach myself how to trade, I have decided to get someone to try and teach me ! I am taking a course (a free one) with TWP in an attempt to learn some discipline and see how real traders to it.
My problem is I have no real method, and I am hoping by doing this course I will learn a couple of strategies to help me.
I am writing a blog about my progress, and you can read this at newbietrader.blog.co.uk

Take a look, and we'll see if it work. Always welcome any help/advice you guys can come up with

I am determined to learn how to trade, and hopefully this will the story of my road to success !


Cheers

 

[HowardCohodas]

There are three simple rules for making a smooth landing: Unfortunately, no one knows what they are.

Actually, I believe there are two critical secrets for successful trading.

1. Find a strategy with positive expectation within your comfort zone for its dynamics
2. Money management

For me, money management was the easiest to master. There are lots of strategies available with positive expectation. They have different dynamics which need to be matched with your discipline, available time, speed of execution, draw downs, max number of consecutive losses, etc.

You are on a journey with many emotional ups and downs. Try to enjoy the ride. Your patience will be rewarded.