http://www.trading-secrets-revealed.com
every trader needs a trade entry system. within each market, there is a plethora of trading opportunities to choose from i call this the universe of securities. so how do you choose from this vast universe? simple. predefine your entry rules.
trade entry rules are a stringent set of conditions that you develop, document and then apply, to decide when you are going to enter a trade. it doesnt matter what securities youre trading, you just need a consistent method of entry. like sifting through a bucket of sand trying to find pieces of gold, the same approach is used to reduce your universe of securities to a shortlist of those that meet your criteria.
as in all aspects of trading, there are many theories on trade entry and how to exit trades. i believe the best way to approach entries should be simple, direct and leave nothing to human judgement.
this is contrary to the philosophy of many traders who buy stocks based on media reports, expert opinion, rumours and/or gut feel. the good news is that by acting contrarily, you will do what most traders never do make a profit.
find out more about the importance of trade entry. visit: http://www.trading-secrets-revealed.com
http://www.trading-secrets-revealed.comevery trader needs a trade entry system. within each market, there is a plethora of trading opportunities to choose from i call this the universe of securities. so how do you choose from this vast universe? simple. predefine your entry rules.trade entry rules are a stringent set of conditions that you develop, document and then apply, to decide when you are going to enter a trade. it doesnt matter what securities youre trading, you just need a consistent method of entry. like sifting through a bucket of sand trying to find pieces of gold, the same approach is used to reduce your universe of securities to a shortlist of those that meet your criteria.as in all aspects of trading, there are many theories on trade entry and how to exit trades. i believe the best way to approach entries should be simple, direct and leave nothing to human judgement.this is contrary to the philosophy of many traders who buy stocks based on media reports, expert opinion, rumours and/or gut feel. the good news is that by acting contrarily, you will do what most traders never do make a profit.find out more about the importance of trade entry. visit: http://www.trading-secrets-revealed.com
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http://www.trading-secrets-revealed.com
every trader needs a trade entry system. within each market, there is a plethora of trading opportunities to choose from i call this the universe of securities. so how do you choose from this vast universe? simple. predefine your entry rules.
trade entry rules are a stringent set of conditions that you develop, document and then apply, to decide when you are going to enter a trade. it doesnt matter what securities youre trading, you just need a consistent method of entry. like sifting through a bucket of sand trying to find pieces of gold, the same approach is used to reduce your universe of securities to a shortlist of those that meet your criteria.
as in all aspects of trading, there are many theories on trade entry and how to exit trades. i believe the best way to approach entries should be simple, direct and leave nothing to human judgement.
this is contrary to the philosophy of many traders who buy stocks based on media reports, expert opinion, rumours and/or gut feel. the good news is that by acting contrarily, you will do what most traders never do make a profit.
find out more about the importance of trade entry. visit: http://www.trading-secrets-revealed.com
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