Sunday, December 26, 2010

The Need For Trading Systems

Why do traders need trading systems? If you are asking this question, no doubt you are new to this game and very much confused. You see, every trader needs to have a trading system. Think of them as business plans. Or the blueprint to your success. If you try to get into trading without a plan, you will get slaughtered. Having trading systems give you a plan of attack to let you know what to expect and how to handle things. It's a must for every trader to have a plan, not doing so will result in a trading experience that is not pleasant.

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