A quote from my mentor is perfect for this blog statement:
“A System without a proper mindset leads to ruin, however; the proper mindset perfectly aligned with the right mindset leads to Success.”
There are many different trading systems out there.
- Has any of the systems you have seen cover the mindset required to trade the system?
- Has any of the systems you have seen cover the personality you will need to use the system?
Each system requires a particular mindset and personality from the trader using the system. Does your system match your personality and mindset?
If not, then you are bound to fail. TAKE THE TIME TO FIND WHAT WORKS FOR YOU!!!!!!!!!!!!!!
For EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .