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Before you even start please take note of the Top 10 Bad Reasons for Becoming a Trader
10. My buddy is a trader, and he's making a boatload of money.
9. I'm good at gambling and video games.
8. Great working hours and lifestyle.
7. I've developed a trading system and know it will work for you (but I haven't tested it).
6. If (Person X) can do it, so can I.
5. I'm young, and it's worth a shot.
4. I'm ballsy and can take big risks to make a lot of money.
3. I'm not ballsy and won't take big risks to make a lot of money.
2. I read books/took seminars by (Writer X, who has never successfully traded) and realized I can do this.
1. I have a passion for trading and the markets (but I've never traded or studied the markets).
Whether you are building an electronic trading system or fine tuning your strategy as a point-and-click trader, real understanding of the logic and rationale of the strategy is critical to trading with confidence. In this free e-book, internationally recognized trader and educator Daniel Gramza presents the concepts and techniques of his proprietary approach to trading the derivatives markets. He covers how to identify market conditions that lead to the most profitable trades, determine magnitude objectives of different trading techniques, recognize when a trade should become productive, identify when a trade is failing, and decide where to place the risk management stop.
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traderATfinancial-spread-betting.com (remove the AT and substitute by @).