Ten Direct Access Stock Trading Warning Signs
By Ultimate Trading
What To Keep In Mind With Your Direct Access Stock Trading
When direct access stock trading goes well, you feel great. When
direct access stock trading goes poorly, it feels like a disaster.
Many traders who are successful initially often end up losing all
their gains and more. To stay successful, you have to vigilant.
You need to watch your direct access stock trading behaviours and
recognize if poor
direct access stock trading habits have begun to
creep into your direct access stock trading. Here are some direct
access stock trading situations to be on the lookout for, and ways
to turn them around.
1. Lack of proper preparation or a solid game plan. Most losing
traders are short-term and day traders, but their lack of success is
due less to the time frame they trade within, than to their lack of
preparation and discipline. Without a direct access stock trading
system, you can guarantee the majority of your trades will be losing
2. Under-capitalization. There are two reasons for this. The first
is that traders who take excessive risks while operating with small
amounts of capital are more likely to lose their stake more quickly,
and also to react emotionally to any loss. The second reason is that
though all traders will experience losses, the greater the capital
reserves of the trader, the more likely they are to survive them.
Look at your level of capitalization and make sure it is right for
your direct access stock trading system. Always use good money
management rules to protect your capital.
3. Using complex systems or relying on outside recommendations.
Winning traders tend to use simple techniques that they have
developed on their own, from their experience, and that fit their
style and personality. Successful traders understand that the only
important outcome is to make money the complexity of the system
used is irrelevant. What matters is what works.
4. Relying heavily on computer-generated direct access stock trading
systems. Software tools can be extremely useful, but only if you
understand the way data is analyzed and how the program reaches
conclusions. Successful traders use any tools that are helpful, but
they also understand precisely how and why those tools work.
5. Trying to forecast market trends. Successful traders follow the
market in real-time, and create appropriate strategies. By
responding to market movements with a rational and disciplined
direct access stock trading strategy, they increase their chances of
success. Losing traders try to predict the market; successful
traders follow the market wherever it goes.
6. Focusing on winning trades, and on maintaining a high percentage
of winning to losing trades. One losing trade can wipe out a number
of winning trades. Successful traders focus on minimizing the loss
from losing trades, on getting solid returns from winning trades,
and on maintaining good risk to reward ratios. Successful traders
track returns and profits, not wins and losses.
7. Direct access stock trading based on emotion alone. Winning
traders accept their emotions, put them aside, and assess current
8. Wanting to be right. Successful traders see direct access stock
trading as a business, and focus on making money. Losing traders
enjoy the feeling that a good trade can create; successful traders
enjoy growth in equity.
9. Constantly adopting new or hot strategies, especially after bad
trades. Successful direct access stock trading requires you to
evaluate bad trades, learn from them, and adjust their current
strategies and direct access stock trading styles accordingly. The
most successful traders use a consistent system they have learned to
rely on and they fully understand.
10. Ignoring costs like commissions, systems, or data acquisition.
Successful traders assess all aspects of profitability, and seek to
maximize profits by increasing their gains and reducing their costs.
Successful traders focus on profit.
Once you recognize the behaviours that may be sabotaging your
success, its easy to start turning your
direct access stock trading
around. There is no reason why you shouldnt be on the success side
of the equation when you are direct access stock trading.
About To Learn Secrets Most Traders Will Never Know About Profitable System Trading..."
Inside you’ll learn...
to design a winning system from scratch and exactly what
to do to supercharge your current stock trading system!
one ingredient you literally "Drop" into your
stock trading system that can triple your profit!
to use “secret” money management techniques
to minimize your risk.
tools the professionals use and how you can get huge discounts
(charting software, data, etc).
you'll also get a FREE copy of David Jenyns’ complete
Ultimate Trading Systems Course…
Just enter your name & email - then click the “Click
Here For Free Instant Download!” button. (All information
kept 100% confidential). The download details will be
emailed to you immediately.
take your privacy very seriously. My
personal privacy guarantee to you. I respect your privacy
and will never share your email address with anyone. You can
easily unsubscribe at any time. View our Privacy
Policy - David Jenyns Founder of www.ultimate-trading-systems.com
direct access stock trading