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A Key to Successful Trading

Filed under: — site admin @ 2:31 pm on 9/2/2004 .

A Key to Successful Trading - From time to time I get some very interesting confessions. Here is a very recent one, along with a solution.

“Hey Joe! I had been looking at a profitable trade setup all day. I studied indicator after indicator looking for confirmation, even though I know many are correlated and redundant. But I just kept on searching. I thought, ‘Maybe I missed something.’

My account is now so small that I just wanted to be sure that this was the right trade. My thought was that I must take into consideration anything and everything that could cause this trade to fail. I can’t afford to lose any more money. What should I do?

Read Joe Ross’s Response : A Key to Successful Trading

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