Important Elements For Trading Success
March 1st, 2010
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Trading Success = Winning Psychology x Effective Money Management x A Trading Plan with An Edge
How do these elements assist the trader? As traders, our psychological state,
or mental mind-set, can lead to consistent profitability; our money management
ability determines the size of our position and bet size; and our trading plan
delivers the edge, defining how and when the edge occurs.
~ Ray Barros
Book: The Nature of Trends:
Strategies and Concepts for Successful Investing and Trading
