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Trading State Management 1
Jul 31, 2006 - have pen and paper handy as we walk you through one of the most critical elements to trading success... Welcome to our Special Access video series. In our Trading State Management series, you will learn many of the key techniques we teach in our Personalized Trader Mentoring Program. So have pen and paper handy as we walk you through one of the most critical elements to trading success... I am very into the psychological aspect of trading. Todd is the only trader I have come across who attends to what I believe is that most important aspect. Great morning in the Russell, great run. Scale outs worked fine and then trailed stop on third contract. Thanks for the great guidance and education. Looks like that last AB trade paid for my room subscription and some. My one unit of 3 contracts met all targets, and then let the scalper add-on run - total profit of $840. Not bad for a beginner. Thanks. Join me in my LIVE trading room for 2 weeks absolutely FREE... Trade What You See, Receive
a Free 20 Minute Consultation To take advantage of this opportunity, complete our online Traders Assessment by Clicking Here. Todd will then be in contact with you for your free consultation. Disclaimer: Please note that charts and commentary provided by the moderator are for educational purposes only. Any trades placed upon reliance on the moderator’s charts or information is taken at your own risk for your own account. Past performance is no guarantee of future results. While there is great potential for reward trading stocks, futures and options, there is also substantial risk of loss and you must decide your own suitability to trade. Future trading results can never be guaranteed. This is not an offer to buy or sell stock, futures, options or commodity interests. Most trading systems are based on historical formulas which have worked in the past. However, what has happened before may or may not happen again. You can lose all your money trading stocks, futures, and options and you must decide your own suitability as to whether or not to trade. Only trade with true risk capital you can afford to lose. Only trade markets you can properly afford to trade. Properly funded trading accounts typically perform better than those that are not. Never risk more than 2-3% of your account on any one trade. Always define your risk before entering a trade and place a stop to limit your risk. There are no guarantees or certainties in trading. Trading involves hard work, risk, discipline and the ability to follow rules and trade through any tough periods during a system’s draw downs. If you are looking for a guarantee, trading is probably not for you. Most people lose money trading. One of the reasons is that they lack discipline and are unable to be consistent. A system can help you become consistent. Ironically, worrying about the monetary aspect of trading can contribute to and cause a trader to make trading errors. Therefore, it is important to only trade with true risk capital.
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