Stock Trading Systems
You will not be successful using any stock market trading system, unless you know something about yourself.
Before you read any further, insure you have read and studied the section on trading psychology.
All the tools and resources are presented there for you, to assist you to help you discover yourself appropriately. Once you do this, you will be successful in finding, using or developing a stock trading system to fit your own personality.
Do you want to find the Holy Grail stock trading strategy? If you have been browsing the internet, you have no doubt have come across countless stock market strategies and stock market trading systems. Are you confused and frustrated yet?
Well be confused no more. This section will lay out the basic stock trading systems and stock trading tools for you. And depending on your personality, you can decide what fits and works best for you.
Before you decide on what stock system you want to trade, there are three key components you will need to define and decide upon:
Define Your Objectives______________________________________________________________
Defining your objectives is probably the most important part of developing a strategy for stock investing. Until you know where you want to go, you can never get there. As a result, a major portion of the time you spend in developing a trading system, should be in terms of developing objectives.
In his book, Trade Your Way To Financial Freedom, Van K. Tharp lays out a number of questions that you, as a stock market trader should ask yourself such questions as:
Trade Your Way To Financial Freedom is the best book I have ever read on an introduction for helping a person find out and develop a stock market trading strategy and system.
Determine Your Time Frame______________________________________________________________
A very important question to ask yourself when choosing your stock trading systems is:
"What time frame do I want to trade in?"
Now, your personality will answer this question for you.
1. Are you a hyper energetic person who loves excitement and speed with a low patience level?
With this type of trading, almost a full time commitment is required.
2. Are you a laid back easy going person with a long-term outlook on life and has a high patience level?
3. Or do you have a personality somewhere in between?
If you want to be a successful stock trader or investor, you have to do your work studying the Markets everyday.
And so you answer "I don't have enough time to do this. I'm to busy with my job, or am to tired after work or bla bla bla."
Every successful business person got there because of commitment and hard work. Stock trading is no different.
If there is not enough time, you have to make time. If you are going to be serious about being successful with stock trading, you have to re-establish your your time priorities, and commit.
Take the time to educate yourself on stock trading, then just like a top performing professional athlete...practice, practice, practice!
And astute Risk and Money Management skills are also essential.
Stock Market Trading Systems________________________________________________________________
The following stock trading systems are explained in detail for you:
There are three Stock Investing and Trading Courses I recommend you have a close look at, to help you become successful at this game and determine the right trading system for you.
*Sign-up for Your FREE E-course*