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When is a major problem to overcome distrust in your system leasing to a never ending search for a holy grail system Advice : Be consistent (Trust Your System) Symptoms of System Distrust 1. Hesitating leads to under trading which results in poor results. 2. Pain of losing trades. The system...

The success traders methods include mainly waiting and being patient and wait for the best opportunities Over & under trading you may not realise you're doing it , not being aware in the heat of the moment. 1. The myth of of work = results Generally in life more input = more output but in...

Don't be stuck in letting losses run and making winning trades cut earlier Avoid moving stop loss or not having an stop loss completely, over riding your system When your trade is in a loss , you recall the positive outcomes more easily your brain becomes optimistic In a winning trade we...

Cybernetics 1. Letting Winners Run When your trade is in profit , you recall negative outcomes more easily that is how the brain operates when in a positive situations We fear losing what we've gained more than wanting to gain even more what you think will happen depends on your previous...

Trading Plan Successful Trading Must Include 3 Keys 1. Method ( Trading Strategy ) 2. Money Management ( Control Exposure ) 3. Mindest ( Control Your Emotions ) Writing Your Trading Plan 1. Outline your motivation (your Why?) 2. Define your goal (specifications) set soft weekly monthly...

Most important ingredients of a healthy economy is availability of well paid jobs When a person is actively searching for employment but is unable to find work unemployment occurs Unemployment is basically the percentage of people in the work force without jobs but are able and willing to...

Growth measures the health of an economy through the increase in the goods and services produced GDP (Gross Domestic Product) measures value of goods and services within a country International trade balance which measures the difference between imports and exports Retail sales measures...

Inflation is the increase in prices of goods and services in the economy When inflation increases more money is needed to purchase the same goods and services resulting in a decrease in growth Consumer Price Index (CPI) measures inflation by measuring the change in the price of a "market...

Interest rates are the cost of borrowing money either by individuals, companies or even governments If people companies borrow less they have less money to invest and to spend If interest rates go up this will result in more savings and less spending and eventually lead to a decrease in...

Fundamental analysis is the study of all relevant factors that affect an economy's market in order to find it's intrinsic value Analysis of factors affecting the economy as a whole is known as macroeconomic analysis Analysis of factors affecting a specific company is known as microeconomics...