Day Trading risk and reward: 4 most recently to decide your best strategy

Tired with your poor trading day and day trading success? Have a solution for the problems that stem from what "standard" day traders will try to do, i.e. to make many, many trades one after another and ground that tiny profits every time.

That day trading strategy is counterproductive. It forces you to make many decisions and mental gymnastics will play havoc with your emotions. That is bad for you, because stress means it's unlikely you'll be very happy--even if you want real money! It is much better to be both profitable and happy.

So, here's my solution 4 part:

1. you want to make money as a day trader as easily as possible by following the adage "work smart, not hard. Come with extremely complex (high frequency) trade practices or doesn't work smart. He has been working hard.

2. Create (or obtain) a system with highly defined criteria which will give you no more than two brands with high probability one day, perhaps three an excellent day. (Here I define "high probability trade marks" such as those who will create the target profit 75% of the time or better).

3. When you have such a system, trade with discipline. This is what you need to create a $ 100 k + annual trading income. The character of high probability of such bargaining means will make money, if you follow the distribution of consistently.

What could be better?

4. Well, is even more benefit if most of your high-probability trade marks tend to show the first couple hours trading (i.e. before the lunch if you are in Eastern time in North America), or before breakfast If you're on the other coast. Factor which normally will free you from spending all day in front of your monitor each trading session. You'll have a better life, doing other things in your life apart from trading.

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Brian Heyliger is one day successful futures and swing trader who specializes in the P & S e-mini, Treasury bonds and other markets with high-probability, high-profit.

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On the one hand, to decide what you want to be Trader

First you must decide what you want to be a trader, a scalper, a swing trader or owner of a position.

Write what kind of negotiation will suit you better or make you "feel calmest. Remember all trading is purely psychological ...

If you need action you'll need a scalping game plan (how many pips risk/stop loss and take profit). If taking many smaller losses in exchange for greater profits go against nature, then you might want to consider trend trading or as a trend.

This can be as simple as buying a 15 day high and low sales for a 15 day for example; if you like to "keep your powder dry", you could gradually enter both inside and outside the market trend, such as purchase/sales equal lots after moving a certain pip period you will need to specify-if the trend turns will start relaxing away from its current location and start building opposite positions. You could have a project in step 3-5 times in the same direction.

And please keep this in mind always: never over leverage!If you find yourself uncomfortable because of losses, then it would be better if you take a break for awhile and forget as much as possible about trading.Get out of your head, you'll come back to analyse what happened and make changes to your approach to trading on the market if necessary.

The worst thing you could do more negotiation or a higher leverage to "lost with losses"; If you cannot train yourself that negotiation is relaxed and calm case, then it is either not for you or you're ready for this. Trading as nervous basket case is the fastest way to the poor House! The Las Vegas Strip is lined up with people who have tried, request a quarter ...

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