How many ways can you draw a circle? It's probably a strange question to ask, but the reality is, trading is very close to the same discipline. How many ways can you successfully trade? Whether you're drawing a circle or trading, each requires certain elements to complete a perfect circle or a perfect trade.
I wanted to share with you 5 key elements that you must be using if you are going to trade successfully or invest in the markets. I like to call them the building blocks that must be in place to grow your fortune.
Each of the 5 elements are short and to the point and contain nuggets of knowledge that are essential for your success in the markets.
Rule #1: Attitude
Attitude is so important in your approach to investing and trading.
Rule #2: Game Plan
Trading without a game plan is like crossing the ocean without a compass, you are going to get lost and run into a lot of problems without a game plan.
Rule #3: Trend
I'm sure you have heard the expression, "the trend is your friend." Well, truer words were never spoken in trading. This article will show you how to quickly determine the trend in any market. [Read more...]