Patt Tomas - Trading Rules: Top 10 Day Trading Most Effective Rules

Trading rules

Do you know what distinguishes average traders from successful traders?

• Successful traders follow 10 powerful and effective rules.
• Average traders don't.

This course will help you discover:

Those 10 rules

What to trade and when not to

The best time to train and the worst time to trade

How to deal with losing trades

How to be patient with winning trades

How to effectively calculated risk/reward ratio

And so much more.

When applied with discipline those stand rules will help establish a:

Positive

Safe

Strong trading environment.

If you are ready to start trading successfully this course is that right solution for you.

Introduction

T his is the foundation course with a goal to teach students important trading rules that every successful trader around the world follows.

Those rules include:

What to trade and not to trade.

The best time to trade and the worst time to trade.

How to deal with losing trades.

How to be patient with winning trades.

How to effectively calculate risk/reward ratio

And so much more.

Basically, all the information shared in this course is provided for educational purposes only. Trading results can never be guaranteed. this is not an offer to buy or sell stocks, Forex, futures, options, commodities, interests or any other training security.

The information contained within these courses including website pages, videos, reading material, live or recorded events, email transmissions, faxes, recorded voice messages and any other associated messages media is provided for informational and educational purposes only.

With that in mind let's move on to our next chapter.

NO ONE KNOWS THE FUTURE

I n theory, trading is simple. All you need to do as a trader is to figure out whether the price of a stock commodity or any other thing in security is going to move up or down.

If you buy, you want the price to move up so you can make money.

If you sell, you expect the price to move down so you can protect your profits.

I n reality the trading game is much more complicated. There are hundreds of factors that can influence the price movement from news and earnings reports, to the reactions of the news and the earnings reports.

From the emotions of greed and excitement to feelings of fear worry or concerns can also be influences.

The bottom line is that no one knows the future.

However successful traders ever develop an eye for where prices might be moving toward and established trading rules to give them a sense of confidence and safety when they're trading.

DISCIPLINE AND COMFORT ZONE

T he million-dollar answer to what makes a trader successful is discipline.

After establishing safe trading rules that work for them, successful traders have the discipline to stick to them.

Discipline is the essential element to successful trading. It is the laser beam that keeps traders on their course of action.

what are those rules and what are they based on?

Basically those rules everything to do with risk tolerance and good money management.

The same rules that have worked for them in the past. That have given them safe parameters and allowed them time after time to make healthy trading decisions. This can work for you too.

As a trader, as long as you are within the safe parameters that you have established (the safety area where risk and reward have been well planned.)

You are in your comfort zone and you can make good trading decisions.

Emotions no longer run the show and you have full control of them.

When you have a set of trading rules that you follow:

you know exactly the risk you're taking and that reward the lies ahead if the parameters are met.

you know what to do if the price moves in the right direction and you know when to get out if the price moves against your prediction.

This is the comfort zone that he need to create to become a successful trader.

10 RULES OF SUCCESSFUL TRADERS

T he majority of small investors unfortunately end up with large losses that sit dead in their portfolio.

They blame it on the market and they blame it on the fact that the price they paid for was too high etc.Rarely they take responsibility for their unrealized capital losses.

In the following courses, we have compiled the 10 most powerful trading rules that every successful trader from around award follows, every single time they place a trade.

These rules include mental flexibility for getting out of losing trades before they get too big while avoiding the need to be right, as well as the ability to recognize market reversals and act upon it.