6 Critical Factors For Successful Trading
The daytrade becomes a position trade...The successful trader has set a target, either a certain price or a timed exit and will stick to it. If the trade only takes 5 minutes then that's just great, there's plenty that won't.Success in any profession can be broken down into a number of critical factors. Trading is no different. Does your trading tick all 6 boxes or are there any areas you need to work on:Do you have an edge? Trading futures is a zero sum game - you must have an identifiable edge over the other market participants.There is an old saying that the market is driven by fear and greed. Anyone that has placed more than a couple of trades will surely have experienced these two emotions.
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