The Comfortable Life

Resources for a Better Quality of Living

Home Finances Creativity General Home Beauty EBooks

Cooking Ideas

Work Life Balance

Personal Finance

Online Auction
Information

Student Finances

Frugal & Money Saving Tips

Family Life

Parenting Advice

Tax Information

Home Business Ideas

Insurance Advice

Gardening

Health Related

Investing Information

Real Estate Tips

Career Development

Cleaning Tips

Web Promotion & Traffic Tips

Debt & Credit Advice

Find Knowledge

Buy Soy Candles

Learn To Find Commercial Real Estate Deals And We Will Fund Them

DoublingStocks - Stock Trading Robot

 

 

 

 

 

 

 

 

Valerie Garner
Sedro Woolley WA 98284

To Contact Email

 

 

 

Free Tell A Friend from Bravenet.com 

 

                             

5 Characteristics of Successful Traders

Do you know what make a successful trader?

Here are 5 Characteristics which you should strive to have:

1) Successful traders are prepared. Having a clearly define trading plan is of utmost importance. Too many traders make it up as they go along.

You should have a written plan of WHAT you want to buy and WHY. You should know WHEN you want to buy with CLEARLY DEFINED TRIGGERS, when you will take PROFITS, and when to cut our LOSSES.

The first set of rules which you develop are the easiest to follow. We usually have trouble with the last one, which is when to cut our losses.

You should plan everything! Leave nothing to chance! You should have a regimented schedule, and stick to the plan all the way through!

2) Successful Traders remain emotionally detached. Once you enter a trade, are you willing to forget about it until your pre-determined exit strategy is met?

Well you should! Or let me rephrase that; once you have put in your trades, and put in our contingent orders or stop orders, you should simple forget about that position until your contingency is met.

See, in a perfect world, you should have no need to monitor these positions unless something drastic happens. But since we are all HUMANS, tend to review our positions, however it should be simply to determine if you want to take profits, or to ensure an order was filled.

Anything else is just an exercise in futility, and can even be dangerous when you see a position losing ground and use your emotions to guide your decisions.

 

3) Successful Traders take a longer term view. Everyone wants to make a million in a day! This is achievable, but not likely!

You must take a longer term view, and realize that it will take just a little longer.

No one has a monopoly on ideas. What works for some, may not work for others. We use the system that's already in place to generate premiums on a consistent basis!

The bottom line is, we believe that by following our trades, and compounding your money, you will see a tremendous return. We believe this so heartily, that we are willing to put our money where our mouth is, by our 365 day guarantee!

4) Successful traders expect to become rich. Let's face it, you trade because you expect to make a better return than anyone else.

However, to be successful, you must trade like you mean it! What do we mean by this? Well you must trade like your entire survival depended on it!

Never be cavalier with your money! You worked hard enough for it, so make sure it remains with you for as long as possible and produces many offspring!

Expect great returns, and do everything within your power to achieve it! Read all the publications, take the extra courses, find a good alert service (Like ours:), and translate this into an empire!

5) Successful traders make things happen. Go after what you want; don't let anything stand in your way! The sky is the limit! You can be a successful trader!

Forget everything which you have learned and realize that there is a better way! There are people making some serious money in this game, and you can be one of them!

Don't let your mind and fear play tricks on you! If you even think that there is a chance that you can make money using our service, become a member!

you have nothing to lose! Give us a try, we promise you will be happy you did. Take the one step which will turn your trading around! Become one of many traders which will quadruple their accounts this year!

We hope this gives a good insight into what makes a successful trader, and hope to see you on the other side!

by Shawn St. Prix

OPTIONXSPREADS is a group of ex-stockbrokers and investors who trade options for our own account. Not only do we make recommendations, but we actually follow our own advise and trade with our own money. When we make money, you make money. When we loose money, you loose money!

The site is administered by Shawn St. Prix, who himself is an ex-stockbroker for one of the largest investment bankers in the 80's. We come together every day to decide

 

 
Join the Mailing List
Enter your name and email address below:
Name:
Email:
Subscribe  Unsubscribe 
Free Mailing Lists from Bravenet.com
 

 

 

 

 

© Copyright 2003 Templates by thetemplatestore.com