>80% of all traders lose money in their accounts!

The other 20% …

– have a time tested trading approach with an edge

– repeat their trading routine every day

– cut losses very quickly

– have the right expectations

– work on their mindset every day

If you want to become a trader, forget the most things you learned in your job / at school.

1) Steady income is not necessary in trading.
2) Trading can't be learned out of books.
3) Working hours and outcome are not linked.
4) You are the boss and the teacher.

I BELIEVE ONLY TWO THINGS NEEDED TO MASTER YOUR TRADING .

1. SUPPORT
2. RESISTANCE

IF YOU MASTER THESE NO INDICATOR IS REQUIRED .

BUT IT TAKES A LOT OF HARD WORK ,PAITENCE , STAY IN THE RIGHT PATH ,LAST BUT NOT THE LEAST —NOT TO GIVE UP .

-Trader

The strongest stocks never revisit their breakout level.

They move strongly direct after the breakout.

That's how you recognize a potential big winner.

Pay great attention to weekly charts:

– Weekly charts tune out the noise of the daily chart
– Weekly charts show real outstanding volume
– Weekly charts help to see chart patterns and trends
– Weekly charts give you clues about the further potential of a trend

Count the pullbacks after a breakout:

• 1st pullback is a great buy.
• 2nd pullback is still ok.
• 3rd pullback should be avoided.
• 4th pullback never buy it.