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Listed below are the top six reasons why merchants fail,
and how a trading system reduces them
Let's take a peek at the reasons why professionals lose money:
1. Absence of an excellent Daytrading Plan
2. Not enough Control to Check Out the Trading Plan
3. Failure to Manage Feelings
4. Failure to Accept and Limit Failures
5. Lack of Commitment
By all means you have to prevent these mistakes if you wish to get. Here is what sort of trading system removes 5 of the 6 reasons why merchants fail:
S-olution #1: Having a trading plan
Having a trading program means having a set of principles you've developed to steer your entire day trading. This unusual Markus Heitkoetter Celebrates 9th Anniversary as CEO of Rockwell Trading Services LLC URL has various thought-provoking suggestions for why to do it. Thus you HAVE a plan, removing the No.1 cause for failure.
Solution #2: A