Losing Money Trading Keep Losses Realistic

http://eminitutor.com/ Losing Money Trading Keep Losses Realistic | Oct. 19, 2015. Learn Professional Day Trading entries and exits to gain consistency. Futures Strategies and Setups using EMini Tutor’s “One On One” Approach – How much time do you spend sitting in front of your computer trading on an average day? Possibly even “trend trading”? If it’s more than 60 min. there is a good chance you might be wishing you had more confidence in what you were seeing on your charts. There is no need to sit there all day staring at your screens. We trade 30-60 min. at market open and are usually finished for the day taking 2 1/2 to 3 points out of the EMini Futures market before turning off the charts. The rest of the day is left then to do as we choose. Work smart, not hard.

The key to success is consistency, not how many points you can make. Once you have achieved a disciplined emotional AND technical state of consistency it’s just a matter of adding contracts. Just like in Vegas, the longer you sit there, the more likely you’ll give it back. If you want to gamble, Vegas is the better option, at least you’ll get free dinner and drinks. There is no such thing as an acceptable draw down period. Either you know how to trade or you don’t. If you don’t know how to trade, even elaborate money management skills will do no more than merely postpone the inevitable. You might possibly even induce self sabotage of your account into the array of acceptable EMini Futures trading solutions.

Stop sitting in front of your charts from market open to market close thinking you are putting in your screen time. Some self proclaimed trading guru started the rumor that 10,000 plus hours of screen time are required before you can see the light. Nothing is further from reality. If you are sitting there all day practicing repetitive clueless garbage, you are more or less chasing your tail and wasting your time. It could take you 20,000 or even 50,000 hrs. if you don’t know where to focus. Please Subscribe https://youtu.be/Y6IianjJq4Q

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