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Great trading systems do need Great traders to produce success!

  • Writer: tyfuturesacademy
    tyfuturesacademy
  • Oct 16, 2020
  • 1 min read

Strategies are methods of how to get things done. Consider them your personal recipes for success!


Van Tharp: you see the signal, recognize that it is familiar, and because it matches what you are looking for, you feel good about it and act on it.


The irony is: Most traders cannot do that! They were successful in their own domain using a particular decision strategy and they want to continue to use that strategy in the market. As a result, when they see a signal to trade, they use their well learned decision-making strategy to decide if the signal is valid and whether or not to act on the signal. Their “normal” strategy that worked well for them for so long does not work well here in the market. They end up feeling some emotions when they trade and they lose money.


Work on the Mind!






 
 
 

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Futures Trading is speculative and is not suitable for all investors. The risk of loss in trading can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. This brief statement cannot disclose all the risks and other significant aspects of the Futures markets. You should therefore carefully study Futures Trading before you trade. Information and trading tools provided in and through this website are for general information purposes only. All investments involve risk, including potential loss of principal. Clients must consider all relevant risk factors, including their own personal financial situation before trading. 

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