Posted by: Babu Suresh | March 14, 2012

The Path To Becoming A Master Trader

By Don Dawson, Online Trading Academy Futures Instructor

A question I hear and a situation I face myself on occasion is “I had a setup to enter the market and I found it very difficult to pull the trigger, why?” I would like to address this issue and then write about simplicity in trading on your way to becoming a Master Trader.

The majority of trading success comes from the mental side of trading not the strategy like most aspiring traders assume. Just like any endeavor worth pursuing you must learn the proper way to trade first and then practice, practice, practice… In my opinion trading success breaks down like this:

Psychology = 85%
Risk Management = 10%
Strategy = 5%

Interesting article from Dawson.

Click here to read full article: The Path To Becoming A Master Trader

Healthy And Wealthy Trading

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