Size Counts!
What the hell I’m talking about?
Often it is said to grow mentally, spiritually, emotionally and personally reach out and go from the comfort zone. I really believe in this concept, but … It is a day trading, swing trading stocks or trading position, futures, options or forex, outside your comfort zone can be dangerous!
Let me explain … Suppose a trader to buy 100 shares of stock at the time, with an average value of $ 50/share. He / she is very comfortable stating that the amount at risk. They do not suffer from anxiety and still sleep at night at this level. But look what happens when entrepreneurs decide to ante 200-300 shares.
Suddenly the fear that every tick against them and begin to ride the emotional roller coaster based on current share prices. Levels are more emotional and they are very dark at times. Now start to make bad decisions that have occurred in the 100-stock index levels.
A good idea for you to think “How big dealer” you are and where you are completely comfortable. Write these numbers down and power will never deviate from them. If time has not come to their stakes in size, it gradually over time. Example: To go from 100 -200 shares, take the number 120 weeks, 140 weeks, 2, etc.
I can assure you that keep the concepts in this article you comfortable and profitable business operation. Be patient and stay focused and the money can roll on the level you never thought possible!
Dr. Jeffrey Wilde, a trading veteran with 16 years of experience is a trading coach to over 3500 traders in 63 countries. His new blog http://www.askjeffwilde.com offers free trading articles, tips and advice. He also teaches a variety of courses found at http://www.win-at-trading.com and http://www.fastforexprofits.com
Author: gea
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