Unfortunately, with no consistent approach, your trading decisions, governed by emotions, are doomed to failure ......... here is why.

When faced with losing money in market, what do traders do? Usually, they end up rationalizing to hold on to a losing stock. The driving force behind this is that they do not want to be wrong. They let their ego get in way of making profits.

LOOK! Let us set record straight. THIS IS A FIRM FACT - not every trade will be a winner. You will not make maximum profit out of every trade. There is no Holy Grail trading system! You just need a trading plan, which matches your personality.

When I say trading plan, I am not talking about fundamental analysis or technical analysis specifically, I am talking about setting up a simply a set of guidelines to follow regardless of what stock selection method you use.

In fact, through a study of successful traders, I found there are many different trading methods for entering a security. I have seen people use technical analysis; fundamental analysis even astrology to determine when to enter a trade. Despite these varied entry methods, one component remains same among successful traders... they all have a trading plan that suits them.

In fact, successful traders have a written plan and my friend this is essential component to their success. I guarantee that investors who stick like glue to a trading plan are ones who make NOT LOSE MILLIONS of dollars in their activities of online investing.

-=-=-==-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=- David Jenyns is recognized as leading expert when it comes to designing profitable trading systems.

His most recent course Ultimate Trading Systems is a step- by-step trading roadmap to designing profitable trading systems. Learn how *you* can become one of his students. Click Here ==> http://www.ultimate-trading-systems.com

Receive David's free trading tips by sending a blank email to: ==> ultimate-trading-systems@getresponse.com -=-=-==-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=- GO

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