Trading 101

[MOMO]

The best advise I can give is to take profits~

Take profits when you are right, and be quick to cut losses when you are wrong~

And when its all said and done, you hope you are right more times than wrong~

Use stop losses to prevent a bad trade from becomming a dissaster~

Be humble in the markets, and remember the markets are a vehicle to make and loose money, and will show no favortism or mercy on any trader~

So when the markets give you a profit, take it and don't think for a second that you are bigger than the market, because the market has a way of letting us know just how insignificant we really are~~~

Trading is not entirely about winning and loosing, but more importantly growing from our successes and failures, for its our learning experiences which help us become better traders~

God bless Everyone~

Good Luck and Happy New Year Everyone~~~