Trading

1. Need to be capitalized

2. Concentrate on one niche - familiarize with few instrument

3. Be disciplined - trade when there is a highly probable outcome

Main Trading Problem

1. Lack of discipline

2. Not trading rationale

3. Not exiting when the trade not acting well

4. Letting losses that makes account blow up to zero - for the nth time

5. Not learning a lesson - hard headed and bone head

Trading Problem

1. Revenge trading - trying to get back losing trades 

2. Irrational trading - not thinking well and not watching/controlling emotion

3. Not sticking to one strategy - not following trading guidelines

Tuesday Trade

 

Trading

1. Trading is not about just 'trading'

2. It's about having a strategy

When To Trade

1. Have strategy

2. Trade only when there is opportunity

3. Keep focus

4. Cut losses

Fried By It's Own Lard!