Vincent Boye

Recently I was checking out You Tube for info on day trading strategies, and came across the "Basic Day Trading Technique" video from Markus Heitkoetter and Rockwell Trading. Now I am quite new to day trading, particularly the futures markets, and have been told these are fairly dangerous markets to trade. But, I must admit I was intrigued by the straight forward method of the Simple Day Trading Technique, and how it employed generally discovered indicators to show the path of the industry and very best likely entry points.

I wanted to discover far more, so I went to the Rockwell Trading web site to verify out some of their totally free material. Their website is quite clean and uncluttered, and on the correct hand side I noticed numerous weblog postings on how to be a trader. If you think anything at all, you will probably choose to study about logo. This is a three part series and gave me some excellent insight on what my mindset should be the value of setting realistic goals threat management and the importance of making a trading strategy.

I had never thought about approaching trading as a enterprise. I often thought the idea was to focus on a handful of markets, do some analysis, practice a bunch of paper trades, and then go for it. It never ever occurred to me to ask myself what I wanted from trading, and then consider about how I would go about attaining these objectives. My objective was just to make cash and to make as considerably as feasible! I now appreciate that this method is why so several traders fail and blow out their accounts. It is truly only these that actually know what they're doing that make consistent income. They are not gamblers! They are skilled professionals that use organizing, patience and discipline to trade the markets.

This was a huge eye opener for me, and I thank Rockwell Trading assisting me far better recognize what it will take for me to turn out to be a profitable trader. I also know this, I have a lot of work to do before I start trading with true funds, but this is a excellent begin and I plan to check out a lot more Rockwell Trading material to assist me in this process..