Trading Rules:: Top 10 Day Trading Most Effective Rules
By Patt Tomas
4/5
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About this ebook
Learn everything you need to know to start Trading in the Stock Market today!
Whether you are trading stocks, forex, commodities, options, ETFs... this course will give you the competitive edge you need to increase your trading success!
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In this course you are going to learn the ten most powerful rules that distinguish successful traders from average traders.
Along with candlestick analysis, good money management and healthy risk/reward ratio, these rules will help you increase your probabilities of being on right side of the trade before bigger price movements occur.
This course offers an in-depth view of the ten most profitable and effective rules used by successful traders all over the world:
- Making a Profit is More Important Than Being Right
- Never Add to a Losing Trade
- Be Patient with Your Winning Trades
- Have a Trading Plan
- Know What To Trade and What Not To Trade
- Do Not Chase Trades: The Market Will Be There Tomorrow
- Do Not Look Back: The What-If-Syndrome
- Do Not Try to Pick Tops and Bottoms
- Read the Chart Not the News
- Keep Your Chart Clean and Simple
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This course will give you key information how to use these rules to successfully trade in the market.
New lectures will be added to the course constantly - at no extra cost to you! This is a course that will continue to grow.
Take this course now and learn from my 5+ years of experience. Avoid the most common pitfalls that catch 90% of traders!
Too often beginner traders enter the market without the necessary knowledge and practice needed. As a result they take excessive, expensive and unnecessary risks hoping for higher returns. This course will teach you a very effective way to trade in the market successfully and with confidence.
This course is for all levels: beginners, intermediate and advanced traders! All you need is an open mind and a passion to be successful!
Enroll in this course now and start trading the market successfully!
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Book preview
Trading Rules: - Patt Tomas
NO ONE KNOWS THE FUTURE
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In theory, trading is simple. All you need to do as a trader is to figure out whether the price of a stock commodity or any other thing in security is going to move up or down.
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If you buy, you want the price to move up so you can make money.
If you sell, you expect the price to move down so you can protect your profits.
In reality the trading game is much more complicated. There are hundreds of factors that can influence the price movement from news and earnings reports, to the reactions of the news and the earnings reports.
From the emotions of greed and excitement to feelings of fear worry or concerns can also be influences.
The bottom line is that no one knows the future.
However successful traders ever develop an eye for where prices might be moving toward and established trading rules to give them a sense of confidence and safety when they're trading.
DISCIPLINE AND COMFORT ZONE
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The million-dollar answer to what makes a trader successful is discipline.
After establishing safe trading rules that work for them, successful traders have the discipline to stick to them.
Discipline is the essential element to successful trading. It is the laser beam that keeps traders on their course of action.
what are those rules and what are they based on?
Basically those rules everything to do with risk tolerance and good money management.
The same rules that have worked for them in the past. That have given them safe parameters and allowed them time after time to make healthy trading decisions. This can work for you too.
As a trader, as long as you are within the safe parameters that you have established (the safety area where risk and reward have been well