Profit By Skipping Out, 5

This is the fifth of a series of articles started July 10, 2006 (article entitled “The Simplest Way to Increase Profits“). This series of articles is about increasing profits from trading by abstaining from trading when losses are likely to occur.

Recall the formula:
Net Trading Profits = Wins – Losses – Costs

The simplest way to increase “Net Trading Profits” is to DECREASE Losses through abstaining from trading when losses are likely to occur.

Last week’s series of articles focused on reasons to abstain from trading due to infrastructure issues.

This week’s series of articles will focus on people issues.

Most people don’t want to look to themselves as being THE major obstacle to trading success. That the unanimous consensus of all personal development gurus whose work I have studied.

So let’s not begin there. Instead, let’s see who else we can blame first!

Continued tomorrow...

Copyright 2006 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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