Essence of Successful Futures Trading

  • It is wrong to conclude that any trading style that matches your personality will work. You must have both: a trading style that works and one that matches your personality. The former is clearly more important than the latter.
  • The two are almost always mutually exclusive. The methods that work are not those that make sense, feel comfortable, and are easy to implement. If they were, a lot more people would be successful.
  • There are four things you should do: Develop a proven trading model. The emphasis is on proven. That’s your trading plan. Raise enough capital to trade it. Overcome your fear of losses. Finally, forget about having opinions on the markets. Just follow your model.