http://www.daytrading.net/three-components-of-a-comprehensive-trading-system/ Learn How to DayTrade. Free Articles, Strategies, and Tips, to Trade Stock, Forex(fx), and E-mini's Fri, 04 Feb 2011 10:35:19 +0000 hourly 1 http://www.daytrading.net/three-components-of-a-comprehensive-trading-system/comment-page-1/#comment-3350 Assist directory Thu, 16 Sep 2010 03:06:11 +0000 http://www.daytrading.net/?p=195#comment-3350 <i>The most significant step in managing your profits is setting your stops. These are what you need to make sure you get the best chance of profiting from your trades. At the same time, stops also make sure that you are able to leave at some point when values start to drop. In other words, exit policies are crucial because they help prevent emotional trading. People who act based on their feelings tend to let go too early or hold on too long. The end result for both incorrect decisions is the loss of profit potential.</i> +1 The most significant step in managing your profits is setting your stops. These are what you need to make sure you get the best chance of profiting from your trades. At the same time, stops also make sure that you are able to leave at some point when values start to drop. In other words, exit policies are crucial because they help prevent emotional trading. People who act based on their feelings tend to let go too early or hold on too long. The end result for both incorrect decisions is the loss of profit potential.
+1

]]> http://www.daytrading.net/three-components-of-a-comprehensive-trading-system/comment-page-1/#comment-2743 Financial Spread Betting Sat, 01 May 2010 13:22:16 +0000 http://www.daytrading.net/?p=195#comment-2743 Total agree that you need a system. That is where beginners often go wrong. Total agree that you need a system. That is where beginners often go wrong.

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