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.
Article source: http://ezinearticles.com/?expert=brian_heyliger
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