CPO FINANCIAL YEAR END 2011SUMMARY

No pain, no gain...

Mechanical Trading System

Richard Weissman introduces the reader with a process-driven approach to trading. In addition to the development of mechanical trading systems, the significance of trader psychology is discussed throughout the book. Mr. Weissman calls it the framework of “reprogramming the trader.” He provides a clear understanding behind the conceptual development of mechanical trading systems as well as demonstrates possible mistakes by system developers and ways to avoid them. His main lesson for the reader is that flexibility enables traders to succeed in all kinds of trading environments. Download your copy now..

MECHANICAL TRADING SYSTEM

COMMON MISTAKES IN TRADING

$$$ COMMON MISTAKES IN TRADING !!!

• Trading for excitement & thrill and trading with a high ego.

• Trading with money that can't afford to loose & being too emotional about money.

• No trading plan and lack of record keeping.

• Not cutting losses and not letting profits run.

• Letting small losses turn into large losses.

• Not sticking to plans & changing strategies.

• Bottom fishing/catching falling knives.

• Fighting the trend - shorting bulls and buying bears.