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From Joe
Lately I was checking out You Tube for information on day trading strategies, and came across the "Simple Day Trading Approach" video from Markus Heitkoetter and Rockwell Trading. Now I am fairly new to day trading, particularly the futures markets, and have been told these are pretty hazardous markets to trade. But, I must admit I was intrigued by the straight forward strategy of the Simple Day Trading Strategy, and how it utilized typically identified indicators to show the direction of the marketplace and best most likely entry points.
I wanted to find out far more, so I went to the Rockwell Trading internet site to check out some of their totally free material. Their website is quite clean and uncluttered, and on the right hand side I noticed many weblog postings on how to be a trader. This is a three part series and gave me some excellent insight on what my mindset should be the worth of setting realistic ambitions danger management and the importance of generating a trading program.
I had in no way thought about approaching trading as a company. I constantly thought the concept was to focus on a few markets, do some study, practice a bunch of paper trades, and then go for it. It in no way occurred to me to ask myself what I wanted from trading, and then believe about how I would go about achieving these objectives. My objective was just to make money and to make as significantly as possible! I now appreciate that this approach is why so a lot of traders fail and blow out their accounts. It is actually only these that really know what they're doing that make constant income. They are not gamblers! They are skilled specialists that use planning, patience and discipline to trade the markets.
This was a massive eye opener for me, and I thank Rockwell Trading assisting me better understand what it will take for me to grow to be a successful trader. I also know this, I have a lot of operate to do before I commence trading with real funds, but this is a wonderful start off and I strategy to verify out much more Rockwell Trading material to assist me in this process. [ www.facefire.net]
