Tenth Task

This is the fourth and last in a series of articles that started February 20, 2007 with the article entitled “Ten Things Successful Investors & Traders Do”.

10. Periodic Review. Ask yourself, “Is what I am doing working or not? Am I making or losing money?” Do this only after a significant number of trades, such as 25 round trips. That’s because any single trade is not statistically significant. You need about 25 round trip trades to be able to confidently form any conclusions based on the data.

Get an article in PDF if you’re in a hurry to find out more about the 10 Tasks of Successful Investing & Trading (it was for free last time I checked)
http://www.otrader.com.au/stock_and_option_trading_articles/van_tharp.asp

Or order the home study course from Van Tharp at
http://www.iitm.com/products/product_list.htm

back next week ...

Copyright 2007 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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