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PostPosted: Wed 25 Apr - 09:33 (2018)    Post subject: Choose healthy foods, get eight hours of sleep Reply with quote

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"Practice makes perfect Blue Jays Marcus Stroman Jersey ," my mother used to say. It's as true of futures trading as of anything else. Before you put your hard-earned cash on the line, you need to practice trading if you want to succeed as a futures trader.

Making practice trades allows you to:

1. Test and fine-tune your trading system.
2. Learn to successfully pull the trigger.
3. Perfect your charting system.
4. Develop productive trading habits.
5. Practice self-discipline.

See if you have what it takes to be a futures trader.

That last item is very important. You can have the best system in the world but if you don't believe in yourself, if you don't believe in your system, if you don't have the passion to trade, no system in the world will make you a successful futures trader. Like I tell my students Blue Jays Marco Estrada Jersey , successful futures trading is 90% attitude. Not everyone has the skill, passion, ability or discipline to succeed. Better to find out before you lose your money.

In my Futures Trading Secrets course, I recommend that students practice trading on the e-Mini with Sims Broker until they achieve a certain level of confidence and consistency in their trades. Practicing futures trading on paper is important before you attempt the real thing. Before you start trading with real money, you must develop the discipline to control your emotions and stick to your system. Plunking down cold Blue Jays Kevin Pillar Jersey , hard cash opens the door to greed and fear, which can submarine even the best system if not held in check. Practice will give you the skill, confidence and courage to succeed as a futures trader.

Practice trading should be as detailed and meticulously recorded as the real thing:

1. Log and study your profits and losses.
2. Look for patterns that indicate when you successfully pulled the trigger and when you failed.
3. Work to increase successful strategies and decrease unsuccessful ones.
4. Develop successful daily trading habits and routines.

Remember to practice the discipline to stick to the daily habits and routines even when you don't feel like it or they don't seem to be working. Discipline and routine are essential habits of the successful futures trader. Every trader loses sometimes. You have to have the discipline to follow your routine and have faith in your system even when you're losing, if you are to ultimately succeed.

You'll find this systematic approach true of successful athletes, businessmen Blue Jays Kendrys Morales Jersey , writers, dog trainers and, of course, futures traders. If you look at what makes a person successful, you'll discover that he or she has developed a specific routine and follows it religiously every day.

For instance Blue Jays Justin Smoak Jersey , Tiger Woods doesn't plop the ball on the ground and flail away. He follows a regimented and very carefully practiced series of steps to give.

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PostPosted: Wed 25 Apr - 09:33 (2018)    Post subject: Publicité

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