Dear All, Nasehat dari Vantage Point (ada aroma iklan nya sih...)... tapi bisa berguna dalam trading / investing kita di saham... meskipun ini dari future trading... ini dia:
====================================== Weather Today’s Financial Storm by Avoiding These TOP 10 MISTAKES by Vantage Point - Intermarket Analysis Software. Achieving success in futures trading often requires avoiding numerous pitfalls more than seeking out and executing winning trades. So what are 10 of the more prevalent mistakes that traders make? In no particular order of importance: 1. Failure to have a trading plan in place before a trade is executed. When you enter a trade, you should know when or where you will exit the trade or how much risk exposure your account has. It’s your trading business plan. 2. Inadequate tools or resources to develop a trading plan. Jumping into trading mayseem easy but, to be successful, you need education and reliable tools to understandrelationships among markets and to develop asound decision-making process based on cluesand strategies provided by a trading tool likeVantagePoint. 3. Inadequate capital assets or improper money management. You can trade successfully with almost any size account, but you needto size your trade to the size of your account. Don’t over-trade with too many markets or positions and don’t gun for those highly risky "home-run" trades that involve too much trading capital at one time. 4. Expectations that are too high, too soon. You can’t become a successful doctor or lawyer or business owner in the first couple years of the practice. It takes hard work and perseverance; trading futures is no different. 5. Failure to use protective stops. Protective stops aren’t perfect – no money management tools in futures are – but they give you an idea how much money you are risking on a trade, should the market not act as you expect. VantagePoint provides several unique indicators to improve stop placement. 6. Lack of "patience" and "discipline." Don't trade just for the sake of trading or because you haven't traded for a while. Let those very good trading setups come to you, then act upon them in a prudent way. 7. Trading against the trend or trying to pick market tops and bottoms.Sure, you want to buy low and sell high (or vice versa), but the best advice for most traders is still to trade with the trend. VantagePoint’s predicted moving average crossovers can help you identify trend reversals. 8. Letting losing positions ride too long. Successful traders do not sit on losing positions for long. Instead, they take their losses (usually minimal) and move on to the next potential trading setup. A tool like VantagePoint’s Scan for Opportunities can help you avoid losers by spotting trades that meet your criteria. 9. Failure to accept complete responsibility for your own actions. Don’t blame your broker or the market or something else for a losing trade. You make the trading decisions; you are responsible for your own success or failure. 10. Not getting a bigger-picture perspective on a market. Look at a longer-term chart than the period you are trading to see what history says about your market. This puts current market action in the context of overall market action. ======================= Semoga bermanfaat. originally posted at http://ecosyariah.blogspot.com ES Investasikan Dunia Mu Untuk Akherat Mu DISCLAIMER ON
