Protrader com professional#

This is the 'SECRET' to achieving CONSISTENCY in trading! In a Roulette Wheel, there are 18 Red Numbers, 18 Black Numbers and 2 Green Numbers. 20 or more) and not on a TRADE BY TRADE basis because the outcome of every individual trade is RANDOM!

Protrader com professional#

Psychology- As a Professional Trader you learn to think STATISTICALLY in terms of a percentage of a SERIES OF TRADES (ex.

Position Sizing- We provide you with our Position Size Trading Sheet Calculator that allows you to PREDEFINE your Risk per Trade based on your risk tolerance, and calculates the number of shares to trade.

The Trading System- We p rovide you with High Probability Trade Setups with at least a 50%-60% reliability with specific Entry Price, Protective Stop Price and Target Prices.

To be a Consistent Successful trader you need to have reasonable Expectations, Patience, Discipline and understand that Compounding Money is the way to build wealth over time. Amateur Traders trade for high UNREALISTIC returns with no trading plan or with a faulty plan that lacks Consistency, taking Large Unnecessary Risk and Huge Drawdowns until the account is wiped out, while the Professional Trader trades to Compound Money Exponentially with a Consistent Trading Plan, Strict Risk Management and Small Drawdowns. This is what separates the Professional Trader from the 'get-rich-quick' Amateur Trader that wants to become the next millionaire You-Tube star driving a Lamborghini and ends up driving their account to zero by taking huge losses in the hopes of high gains, switching from strategy to strategy and spending thousands of dollars in trading courses searching for the 'Holy Grail'. Those who understands it, EARNS It! Those who don't, PAY IT! Compounding Money Exponentially is the KEY to building Wealth and it's the Professional Trader's Number One Objective.

Compound Money- Albert Einstein called Compound Interest the 8th wonder of the world.

In essence, they are not trading the market, THE MARKET IS TRADING THEM! In Contrast, Professional Trading Consists of Four Parts:

They trade RANDOMLY on a Trade By Trade basis.

They DO NOT have a system to PRE-DEFINE their Risk Per Trade.

They DO NOT have a Trading Plan with SPECIFIC Entry Price, Protective Stop Price and Target Prices.

They DO NOT have a Mechanical Trading System (an Edge) with at least a 50%-60% Winning Statistical Probable Percentage over a Series of Trades.

Why Novice Traders Loose Money? Here's a few reasons.

Flexible hours (Typically less than 1 hour).The World of Professional Trading Why StockTrading?