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.

Wednesday, July 20, 2005

What Is The Best Online Trading Plan - Part 8

Welcome back to the 8th part of the Ultimate Trading Systems article series. In this lesson, we`re going to discuss: What is the best online trading plan. We`ll also explain what exactly a trading plan is and why it`s so important.

Contrary to popular belief, when trying to figure out the best online trading plan, you do not need to know where market tops and bottoms are to make money in the markets. In fact, when traders begin to develop their own, so called ,best online trading system that is where most people go wrong. You could have the best online trading plan in the world, but traders realize that neither they nor anyone else knows what is going to happen. Sure, everyone can point out tops and bottoms after the fact, but no matter what anyone tells you or tries to sell you, NO ONE and even the best online trading plan can pick tops and bottoms consistently. So how do you make money without picking tops and bottoms? ...more.