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10 Trading Truth

  1. An entry does not determine profitability it only determines potential profit the exit is where the win or lost occurs, focus on that.

  2. A robust trading system means nothing unless you can follow it with discipline and self control.
  3. Charts don’t care about any one persons opinions why should you?
  4. Good trading will make you some money but only good risk management will allow you to keep the money.
  5. Good traders search for the right entries, great traders search for the right systems.
  6. Bad traders have an opinion, good traders have a plan. (more…)
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