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Monday, July 21, 2008

Seven Common Issues, part 1

Nothing new ever happens in trading. Accounts are routinely trashed in the same way over and over again. This week, I’d like to review seven of the ways traders commonly trash their accounts, often to the point of giving up on trading. These are seven items that traders need to continuously condition themselves to counteract.

The ideas for these routine ways to trash an account are discussed in Tools and Tactics for the Master DayTrader: Battle-Tested Techniques for Day, Swing, and Position Traders

For a simple method for conditioning yourself to counteract these seven items, see my website page entitled "Replace Discipline" at http://LeisurelyCashFlow.Googlepages.com

...cont'd tomorrow...

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Copyright 2008 Raymond T. Lee. All rights reserved.
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