Just a guy who has committed the last 8 years to succeeding at trading and has been fortunate enough to stumble a great system that produces consistent income with very little drawdown, and thought I might be of help to others by letting them look on to gain an understanding of a few key ingredients to success:Quote from dbphoenix:
Who are you?
1- A system can be extremely simple and still very productive. You need not know anything about the markets to make $$. Just read the chart.
2- Discipline must be applied at all times - if the system works you must trust it completely and not allow your "opinion" of the signal to effect your adherence to the system
3- Loses are a part of a winning system. Over tightening stops, or early exits in an attempt to be "safer" are ultimately more costly than adhering to the system stop rules
4- Some (or on some days many) trades require patience to yield the desired result.
Finally, something I really became intimately familiar with after starting this: Never allow emotion to effect your decisions.
Want more details about me send specific questions to ppt4u@juno.com

