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5. Futures Economic Reports for Tuesday January 20, 2016
Hello Traders,
For 2015 I would like to wish all of you discipline and patience in your trading!
Greetings!
Few pointers for you day-traders out there. I am sure you have heard some from different resources but never hurts to read and absorb this again:
1. Be patient
2. Limit the number of hours you trade
3. Know your DAILY risk before the day begins and this will dictate
the number of contracts you trade
4. Choose markets with high liquidity
5. Know what reports come out every day and their impact on the markets.
6. Understand that even the best methods will have losing days.
7. Learn to accept loses
8. Use RISK CAPITAL only
9. Don’t try to trade and do other things
10. Educate yourself
11. Keep a trading journal
