Learn How to Trade Step by Step Secrets to Understanding Profitable Trading in any Market

During the past 5 years I spent over 25 thousand dollars on a library full of books videos and seminars as well as thousands of hours in search of the elusive HOLY GRAIL of trading methods. On this system trading blog you will find the largest collection of system trading articles. I have complied the best tips tricks and tactics from the experts online.

Saturday, March 26, 2005

What is a Trading Plan and Why You Need One

Contrary to popular belief, you do not need to know where market tops and bottoms are to make money. In fact, that is where most people will go wrong. The best traders in the world realize that neither they, nor anyone else knows what is going to happen. Sure, everyone can point out tops or bottoms after the fact, but no matter what anyone tells you or tries to sell you, NO ONE can pick tops and bottoms consistently. This is why you need to understand what a trading plan is. more...

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